We can see that the price touched a historical low. A reversal can happen on these setups.
Market turn to the bearish direction today. Searching low risk conservative shorting opportunity on the 3M limits.
Too late for for three musketeers short trade setup, but keep an eye for white candles under that level and yellow above it
Long signal detected by 3 musketeers. It's time to start searching for long setups.
So I am working on a second version of IRRI which would have fewer false positives. IRRI aims to indicate upcoming UP-to-DOWN reversals and not give false sense of complacency when RSI seems sufficiently down-corrected after a short selloff. It would seem that the current MSFT chart is a good use-case for this. I'd appreciate your feedback using the indicator.
Buy FX:USDCAD into potential wave C to complete triple three correction and form a three drives pattern @ 1.3830. Still, might not complete this one as it looks too perfect to materialize :) Buy 1.3170 Stop 1.3140 Target1 1.3430 Target2 1.3670 Target3 1.3830
After bouncing of a 2 month resistance level, The eurjpy goes short before marching off in a continued up trend. Has the eurjpy finally reversed from last years down trend?
Note: AUD/JPY is reaching the strong resistance zone at 86.2x level. There are 3 potential trading plans for this pair: 1. We expect the price will approach the resistance zone at 86.2x level. If there are 1 strong bearish or 2-3 bearish signals, we will choose to short. 2. There is possibility that the price break the resistance zone and reaching the...
Hello traders we are near the completion point D of deep crab reversal pattern , Please wait for good entry setup which matches your strategy and make some profit Our first target will be the 38.2 Retracement Our second target will be the 61.8 Retracement
Reversal pattern. Support level at week timeframe.The support line must be at this area 8 - 7.50 $. if price breaks that line ther is Fibbo 1.272 at 6.16 $. Good luck for all.
Buy - hold - wait- profit. long term spot position. target 4-5X Buy spot to have a stress free trade, for Fundamentals & more in depth analysis check the charted posted 2 weeks ago at the very bottom very bullish reversal signals were evident.
It has been a pretty deep six month correction in OANDA:XAUUSD . The only valid interpretation of this corrective move in accordance with Elliott theory appears to be a double zigzag W-X-Y . This double zigzag subdivides into two actionary zigzag waves A-B-C intervened by simple reactionary X , which is a corrective wave itself. According to an introduced...
This indicator tries to show the probability of an impending reversal. It's using a number of different input signals and candle stick patterns and conditions: 6 different moving averages Averages of moving averages MACD RSI Stochastics Keltner channels Pin bar patterns Engulfment patterns The indicator is designed as an oscillator and treats...
if price will follow arrow, upwards, it will be revered from the point shown on chart
So USDJPY is now near a good supply zone and we can look to shot it from here. But do it safe and no rush to take the extreme top, that use to burn fingers and wallets. In the chart you see two ways to do it the safe way, and that how i would take that trade. Like if you agree, follow and support please! Good luck!
With this Doji pattern we expect a reversal movement. Long Setup: Entry: 1185.39 TP: 1252.96 SL: 1160.761 Happy trade :)
If the gold S/R -D1 Holds, the price should break the trend line and a trend reversal could take place. A green candle that breaks the upper trend line is my first confirmation. Further divergence on RSI will validate the trade
Could be a reversal zone. R:R : 4.09 Buy Entry: 1.68717 Stop Level. : 1.63906 Take Profit Level. : 1.88392