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Trendreversal

Sunpharma - Preparing for its Elliot wave 3Sun pharma is the biggest contributor in the Indian Pharma Index. So far, it has acted like a tired lion however, it seems the lion is ready to claim the kingship all over again. Sun pharma has broken its 3-year downward trendline. RSI has already passed its complexion point. It completed its corrective wave (2) at 450 levels around September. It is all set to touch 630, 750 & 800 levels. 800 would be a crucial level to watch and any correction from those levels will be another buying opportunity.
NSE:SUNPHARMALong
by akumar1057
HOW TO TRADE THE DOW-JONES(US30) INDUSTRIAL PROFITABLY.IN THIS VIDEO, I EXPLAIN MY METHOD OF TRADING THE US30 AND HOW TO PREVENT BEING VICTIM TO FAKEOUTS TO THE DOWNSIDE, USING FIB-RETRACEMENTS AND THE PARABOLIC SAR INDICATOR. US30 IS NOW AT AN ALL-TIME HIGH, AND AS THE PERFECT INVESTORS STATE "BUY LOW SELL HIGH" , PLEASE LET ME KNOW WHAT YOU THINK OF MY ANALYSIS IN THE COMMENT SECTION AND LEAVE A LIKE. INDICATORS USED FOR TRADING US30 > PARABOLIC SAR FOR CONFIRMATION > MACD FOR TREND REVERSAL > MOMENTUM FOR KNOWLEDGE OF WHEN TO ENTER > RSI TO SPOT REVERSALS > FIB RETRACEMENTS TO PREVENT FALLING FOR "FAKE-OUTS" > STOCHASTIC OSCILLATOR TO SPOT TREND REVERSALS IF YOU ARE NEW TO TRADING THE US30, PLEASE BACKTEST THIS STRATEGY USING A DEMO-ACCOUNT! THANK< AND DROP A FOLLOW FOR FURTHER ANALYSIS.
U
by mohamedhakimu6
1
AUDCAD Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow. on DAILY: AUDCAD is sitting around a strong resistance in green so we will be looking for sell setups on lower timeframes. on H1: AUDCAD is forming a trendline in red, but it is not valid yet, so we will be waiting for a third swing to form around our lower red trendline to consider it valid and sell on its break downward. Trigger: Waiting for a momentum candle close below the gray area to sell. NB: Until the sell is activated, this one would be overall bullish. Good luck!
Short
by TheSignalyst
CADJPY - An Inverted Head and Shoulders Pattern at SupportTrading Confluence Price is at a Support Level Which Comes from 4 Hour Chart. An Inverted Head and Shoulders Pattern indicate the lack of selling pressure Bullish Engulfing and Bullish Pin Bar indicate the buying pressure that builds on CADJPY RIS Divergence Trade Forecasr We will look for a break above the local structure level marked in the chart. If Price will break above and retest local structure level then we will consider going long on CADJPY targeting 78.999 target area marked in the chart. Head Over to Trade Revenue Pro to Learn How to Trade Forex Profitable Way.
Long
by RevenueTrader
4
YFI Short signalThe bear market might have possibly began. The selling pressure is high and people have less hope in this market. 2nd point is that a break of this main support will confirm the head and shoulder and thus the trend reversal. On my previous idea i had the idea of buying back at the main support. But for now, i switched my changed my mind because buying seems more risky with the current panic and fear going on. I personally have a small short position set up at 19350 let's see how it goes. Like and follow!
Short
by MarketSniping
2
USDCHF : Falling wedgeas you can see a falling wedge pattern formed lately and also price had breakout from it + pullback , these situation signaling the trend reversal to us but there is a strong resistance on top of price , if it breaks we could decide what to do. but now we can only trade in a possible trading range formed between support and resistance area in a smaller time frames. you can also enter long position now and hope the price breaking the resistance and goes higher but note that probability is low , so enter with minimum size if you want and place stop loss 40-50 pips below the price about 0.90400 don't forget to like and leave me any comments, questions or observation , thank you.
by mohsenfx
End of the pullback?Last week has been a strong rally for EURUSD free-falling from 1.187 all the way down to 1.161 on Friday closing But is the pullback finished? There is evidence showing us that the pullback might be coming to an end On Friday US market opening EURUSD has broken the last support and making a lower low but stochastic is making a higher low which a stochastic divergence on H4 has occurred and that might be a signal of a trend reversal Currently, market structure is still valid as the lower high and lower low is still in place but there was an attempt of a trend reversal as there was another stochastic divergence occur yesterday on a smaller timeframe (30M and 1H) but eventually, the bears took control and drag EURUSD even lower. Although the monthly Fibonacci retracement has not yet reached as 0.236 level has broken but it is still pretty far away from 0.382 level but EURUSD might reverse from here without testing the monthly Fibonacci retracement Right now there are a few ways to deal with this pair 1. open a long order with a 1 ATR SL below the lowest point (1.161) 2. wait for a broken market structure, a higher high and a higher low 3. if a new low has been made then continue shorting and see if 0.382 will hold Thank you for reading, please leave a like if you like the idea, hope you have a good weekend!
Long
by Esteiknarf
6