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Trend-reversal

Trading at market with USDJPY!Hi guys, this is a live trade example. As you can all see on the daily chart, price is up to retest a key structure level that held three times in the past. For this reason i was very cautious going short (the more a structure is tested the weaker it becomes) but right now we have an additional signal in the form of a second retest of a previous high with an engulfing kicker at the end of it. This is one good way to approach the market in situation like these. I'm selling at market, stops and targets as shown. If you have ideas/thoughts, feel free to share. Otherwise, see you in the next chart!
Short
by Roker1
5
EURUSD at the top? I think it could be the case (Video attached)Hey guys, in this weeky videoanalysis i spoke about EURUSD situation for the next days. As you could imagine from the charts above, my bias is SHORT, and that's because there's a break of structure to the downside on the dialy chart. A sign that hasn't happened for few months now: that gives extra power to this early signal. You could wait for a retest of the yellow box and some kind of reversal patterns on lower tfs, or you could trade the simple pattern (like the flag) that's forming up on the hourly chart. I'll take the first! If you want to know which are my other pairs on the radar, click the link below and give me a feedback! Last week we hit targets! If you want to share ideas/questions, feel free to ask beneath. Otherwise, see you in the next chart!
Short
by Roker1
2
EURUSD early reversal sign? Videoanalysis attached!Hey guys, in this weeky videoanalysis i spoke about EURUSD situation for the next days. As you could imagine from the charts above, my bias is SHORT, and that's because there's a break of structure to the downside on the dialy chart. A sign that hasn't happened for few months now: that gives extra power to this early signal. You could wait for a retest of the yellow box and some kind of reversal patterns on lower tfs, or you could trade the simple pattern (like the flag) that's forming up on the hourly chart. I'll take the first! If you want to know which are my other pairs on the radar, click the link below and give me a feedback! Last week we hit targets! If you want to share ideas/questions, feel free to ask beneath. Otherwise, see you in the next chart!
Short
by Roker1
USDCAD Ascending Wedge / Triangle Pattern Potential Short As the Us Dollar continues to gain strength against the Canadian Dollar, an Ascending wedge / triangle pattern has emerged. This provides us with an opportunity to go short. I personally like to have generous size stops to prevent any stop hunting. This trend reversal trade offers a very good risk reward ratio. Targets will be the closest significant support levels 1.28 and 1.23. Good luck to all, please leave a like and a comment if you found this helpful. Happy Trading!
Short
by IceTrading
AUDUSD: I Smell BullsThere is a very nice potential rally on FX:AUDUSD . As we see price has broken a bearish trend @0.7021, then made a pullback, then tested the high @0.7040 and now is ranging in ascending triangle. If the price breaks the triangle and makes HHHC, then we are in a bullish market. Our potential target is next structure @0.7096 with the confluence of 1.618 fibs extension. Besides we have a very nice confluence of triangle based targets rule. Avto_T Green Luck ------------------------------------- ATTENTION : Very soon, the best forex services will be available for you traders. Contests, bonuses, the so called “Big Deal” service, which you have never faced before and many more friendly and individual services. Please Click here for more information, fill the survey form and reserve your seats my friends! Follow me and be the first to enter our world! Facebook Page Facebook Group Twitter Pre Launch Survey
Long
by RCP
EURJPY: Very interesting setupSunday morning traders! For Monday there is a very nice shorting opportunity on FX_IDC:EURJMD There is a very nice structure resist zone with the confluence of fibs -38.2-50.0. If you look left we see these key levels, which are our reversal zone and price is more likely to fall down until 133.67 for target 1 and 133.15 for target 2. Lets see what the price does on Monday. Avto_T Green Luck --------------------------- ATTENTION : Very soon, the best forex services will be available for you traders. Contests, bonuses, the so called “Big Deal” service, which you have never faced before and many more friendly and individual services. Please Click here for more information, fill the survey form and reserve your seats my friends! Follow me and be the first to enter our world! Facebook Page Facebook Group Twitter Pre Launch Survey
Short
by RCP
1
Trend Continuation or Trend Reversal ??? GBPJPYI am curious of what you think about this trade? Be eying it you might see a bullish trend, the market had been going up strong. However, when we examine the technicality of the most recent move, we determine that the market is bearish. We at Pro Trading University entered the market in a shorting position. So, I am curious, would you call this a trend continuation trade or a trend reversal trade? Let me know in the comments below :)
Short
by Ahmed-J
10