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Reversalpattern

Island Reversal PatternThe Island Reversal pattern is when increased distributions in overnight activity cause gaps up and eventually volume exhaustion a second gap down forming an island of candles. The Island Reversal can be Bullish (inverted island) or a Bearish Island and is preceded by lengthy trends with a reversal trend the other way. No real profit targets for the island reversal. I would just use the island as a head as it seems to fit the profile of a head and shoulders pattern or double top / bottom. Island Reversals are not common and traders are mixed on the results. Credit to Vixtine for island reversal.
SP:SPXEducation
by SPYvsGME
4
ETH/USDT : Formed reversal V pattern BINANCE:ETHUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! We have taken all of the Targets on $ETH's short and now, There's a formed reversal V bottom. It's also can be known as a Deviation below the neckline! $ETH has retested the neckline and it could be a good option to take Long towards $1818 as a higher S/R line with a stop-loss below the current local low. I'll split my entries into two points. - $1590 ( First Entry ) - $1565 ( Second Entry ) 📝 The reason that I added $1565 is that we have a swing low below there and $ETH might go for a sweep before any major leg up. Also, You can trade with an invalidation strategy based on a trigger entry above $1670. Hope you enjoyed the content I created, You can support us with your likes and comments! Attention: this isn't financial advice we are just trying to help people with their vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
11
USDJPY | Perspective for the new week | follow-up detailsAfter taking advantage of a huge bearish momentum that gave us over 250pips move last week; what is my plan against the new week? See the link here (last week's follow-up detail) for reference purposes here 👉🏽👉🏽https://www.tradingview.com/chart/USDJPY/GKLQd1eD-USDJPY-Perspective-for-the-new-week/ Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
by darcsherry
EURUSD | Perspective for the new week | Follow-up detailsThe Euro was unable to hold to its two-day gains, as it dropped and closed below the new key level at the $1.02800 area to set the tone for a possible risk of further decline in the coming week. In this video, I have explained in detail the possible expectations that we could be seeing this week and how I intend to take advantage of the bearish momentum when structures eventually mature for the move. Last week's update on the EURUSD is here 👉🏽👉🏽https://www.tradingview.com/chart/EURUSD/BcmHVaoY-EURUSD-Perspective-for-the-new-week/ Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
CHFJPY | Perspective for the new week | Follow-up detailsThe JPY still remains the weakest of the major currencies, and that has helped to propel the Swiss franc higher as well. However, from a technical perspective; the appearance of multiple rejections of the 142.200 which shares a confluence with the resistance level of the descending channel identified on the higher time frame. So, I am still leaning towards a bearish bias on this pair. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
GBPUSD | Perspective for the new weekFollowing multiple rejections of the bearish trendline (daily timeframe); the Pound seems to be initiating a tumbling move after multiple downbeat data releases to set the tone for a possible risk of further decline in price in the new week. In this video, I was able to identify the structure that emphasizes my bearish bias for the week. Last week's update on the GBPUSD is here 👉🏽👉🏽https://www.tradingview.com/chart/GBPUSD/zAjqJ1C9-GBPUSD-New-perspective/ Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
4
$ZDGE - Beaten down reversal play with +25% to +80%Technical Analysis (TA) ZDGE has been significantly beaten down and is now trading at a significant discount with a highly probable mean reversion play to 4.45 and 6.44. The daily chart is showing resistance above 3.55. A break above this area should signal a momentum shift which will result in us hitting one of the two mean reversion/retracement zones. The momentum indicators are showing early signs of a reversal on the weekly chart. Price Target Entry: $3.60 Target 1: $4.45 Target 2: $6.45 Analyst ratings of $13 Fundamental Analysis (FA) Low EV/EBITDA of 2.84. ROIC of 22.64 but it has been dropping in the last few years from highs of 38.84 in 2021. High gross marging of 86% and improving operating margins of 35% (becoming profitable in 2021. Growing basic EPS of 0.63 in 2021 and TTM 0.53. Recent News The company has recently announced a $1.5m share repurchase program which increase share price by 3%.
AMEX:ZDGELong
by subtlepapi
CHFJPY | New PerspectiveThe JPY is the weakest of the major currencies, and that has helped to propel the Swiss franc higher as well. However, from a technical perspective; a breakdown of the ascending channel identified on the 4H time frame, are we going to be seeing a downtrend continuation this week? Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
by darcsherry
GBPUSD | New perspectiveGBPUSD slumps at the stellar US NFP result on Friday to set the tone for a possible risk of further decline in price in the new week. In this video, I was able to identify the structure that emphasizes my bearish bias for the week. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
4
USDJPY | Perspective for the new weekThe USDJPY has been on a robust bullish momentum since the beginning of the year and despite the breakdown of the trend structure; the extremely positive jobs numbers from the NFP make it more likely the trend isn't over yet. In this video, I have exp [lained what my expectations are this week. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
by darcsherry
$GPRO - Target 1 hit for +9% with further upside of +40% Technical Analysis (TA) Price is on the verge of testing resistance at Weekly 20EMA and daily 100EMA levels. This is Target 1 being hit. Once it breaks above we should see some consolidation as RSI is would hit the mid level but further upside to $9 is still well within reach as there is plenty of room before the RSI reach overbought levels around 70. However, this area could prove to be a key resistance zone so exercise caution.
NASDAQ:GPROLong
by subtlepapi
EURUSD | Perspective for the new weekThe recovery of the Euro in the last couple of weeks doesn't seem to be strong enough to break through the supply zone around 1.02500; hereby giving the impression of strength for the Dollar. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
$FB - Bottomed out reversal play with +10% to 30% upsideTechnical Analysis Scenario 1 - Bullish Price has bottomed at $150 with a mean reversion play to $192-$230 depending on which resistance level holds above. Scenario 2 - Bearish The next few weeks will determine if we have a long entry above $170 (if price breaks above). If it resists at the $170 -$180 level then we have a continuation to $150 or a squeeze. Price Target Entry $170-$180 Target 1: $192 Target 2: $210 Target 3: $230
NASDAQ:METALong
by subtlepapi