Dale_Ansel

Dale_Ansel

Really nice reverse rounding top (opposite of the rounding bottom). Great movement and very nice reward risk ratios possible. Target #1 is the movement length from the top of the double-bottom move to support. If price makes it to the neckline of the move, it has a 67% chance to make it to target 1. Good Luck!

Dale_Ansel

I avoid using this Entry/Exit strategy during times of small movement/chop with no established trend. Typically wicks will start showing on BOTH sides of the candles. I then switch to using simply support and resistance lines and watch for breakouts. Higher time frames work best for this trading strategy.

Dale_Ansel

This is the same chart using standard candle display.

Dale_Ansel

This is a comparison of same chart (Daily) using standard candles vs. Heiken Ashi. See how much easier the HA chart is to follow and the trend is so easy to identify. One of the things I really like about this chart view (strategy) is how during trends the HA candles will not have wicks in the direction opposite to the trend. Once the trend starts to weaken,...

Dale_Ansel

My target here is a bounce off the descending resistance line which also coincides with a .618 Fib retracement. Let's hope it makes it, with no breech! Good Luck!

Dale_Ansel

Mixed group of candles @ top of this movement means indecision. Last candle was a reversal candle. RSI coming out of major overbought area, headed down. That's our trade. Good risk to reward ratio here! Good Luck!

Dale_Ansel

Nice channel taking shape here @ resistance level, with NICE risk/reward. RSI at peak of being overbought.

Dale_Ansel

Here we have a cup with handle formation (almost) it didn't bounce of support first before breech. However, still. . . let's look for a retest of the line to become support and see if we can go LONG.

Dale_Ansel

Downtrend channel. Attempted to break out with no success. Now headed down, back into channel formation. Target is bottom of channel. RSI coming down after being overbought. Good Luck!

Dale_Ansel

Pair moving in channel, @ upper area of resistance. RSI is at very high overbought - ready to tumble? Good Luck!

Dale_Ansel

Reversal with LOW and Higher High followed by Higher Low. RSI is OVERSOLD. Target is FIB Retracement of .618 to prior resistance line - then see what happens! Good Luck!

Dale_Ansel

Look for target 1 @ .382 target 2 @ .5 target 3 @ .618 Good Luck!

Dale_Ansel

Been following this pattern for a little while, finally decided to break out. Target is outlined on bottm left and displayed on top right. Long Target is 182.77 If it plays out, will be outstanding gain! Good Luck!

Dale_Ansel

Down trending pair, nice descending channel @ upper channel resistance, worth a 20 pip stop loss risk. Great RR ratio! Good Luck!

Dale_Ansel

On confirmation of bounce off resistance (top slope of triangle) enter short position. Target is typically width of large end of triangle. Good Luck!

Dale_Ansel

Headline says it all. just going by the odds of reversal.

Dale_Ansel

Have a Bullish Ascending Triangle Patter Here. Good retracement after resistance touch. Nice long wick candle followed by a reversal candle. Nice Risk to Reward on this one..... Good Luck!

Dale_Ansel

Great downtrend on this pair RSI is at high of last weeks range (overbought) Shorting into the main trend 8/20 Moving Average Lines converging Price is at Resistance Line of downward Channel Great Risk Reward Ratio too! Good Luck