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Reversalpattern

AUD / USD 0.74905 -0.24 % SHORT IDEA * REVERSAL PATTERNS 📈📉💡⚓HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE. NEW WEEK, NEW OPPORTUNITIES. LOOKING AT THE AUD / DOLLAR * The PAIR has been trading in a Ascending channel , just tested the roof of this structure creating a double top at resistance level now in a delay range possibly signaling a shift in momentum. - Short term the pair is in a up trend on lower time-frames as we see break above's even on the 4h chart this, but it is definitely showing signs of weakness towards the upside as we had a double top formation signaling possible reversal. - Looking for short entries on the THE PAIR going into week should all the rules of the formation be met. BREAK ABOVE AND BULLISH MOMENTUM INVALIDATES THE SET UP. scaling down lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Short
by PULEMokhothu
AUDCAD | New PerspectiveA potential bullish momentum is identified within a critical supply zone. 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.
Long
by darcsherry
NZDUSD | Live position review | UpdateStoploss hit with around 30pips profit. Price is currently back into the neckline of the reversal pattern identified in the 1 Hour time frame and we are expecting a trend continuation to the downside should the price goes as planned. Cheers! 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
1
CHFJPY | New PerspectiveIt has been strong bullish momentum in the last couple of weeks and it appears we might be heading for a retracement in anticipation of a trend continuation to the upside. In this regard, we are hoping to take advantage of a counter-trend opportunity if it finally happens. A reversal pattern is identified on the 1H time frame and a signal is confirmed considering the broken neckline. At this juncture, it is advisable that we wait and see how the price reacts to the neckline. 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
AUDUSD | Perspective for the new week AUDUSD appears to be at risk of further decline in the nearest future as price action is currently oscillating within a supply zone on the weekly time frame. Find in this video what my thought process is prior to making a decision 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 | Live position review | Follow-up detailsPositions closed at break-even and the structure still appears to support bullish momentum. Pending order placed as we look forward to bullish momentum. 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.
Long
by darcsherry
NZDUSD | Live position reviewWe have moved stop-loss to 25pips from entry as we continue to monitor price action. Thank you 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
NZDUSD | Perspective for the new week | Follow-up details45pips running in profit at the moment (link below for reference purposes)... I still expect a retest of the neckline to incite a further decline in price. I shall keep you posted 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
EURNZD | Live position | UpdateWe are currently in 200pips profit as price action moved exactly as projected in our analysis yesterday (see link below for reference purposes). Let us continue to watch and see if price action has the tendency of moving further up in the next couple of days... cheers! 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.
Long
by darcsherry
GBPUSD | Live position review | Follow-up detailsRemember we identified an inverse head and shoulder structure during the course of last week's trading session and we have been waiting for close to a week for the price to incite the reversal move. In this video, we have identified a set-up that appears to guide us into the potential wagon of bullish momentum but this requires a very conscious approach considering the long term bearish perspective on a higher time frame. You might want to see my previous analysis in the link below for a better peep into the thought process behind this. 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.
Long
by darcsherry
XAUUSD | Perspective for the new week | Follow-up detailsWith over 700pips running in profit, it still looks ambiguous as sellers appear to be limiting the buy orders at this juncture in the market. Remember that a breakout of the key level at $1,945 still remains our yardstick for bullish momentum. Good evening 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.
OANDA:XAUUSDLong
by darcsherry
2
EURNZD | Perspective for the new weekThe appearance of multiple rejections at the 1.576 area coupled with a temporary breakout of the key level at 1.582 makes this zone a strong demand level. It is appropriate we remain patient as we look forward to a rejection of the key level for confirmation. 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.
Long
by darcsherry
NZDUSD | Live position reviewThe identification of a reversal pattern around 0.695 area is a signal that there is a risk of a further decline in the price of the Kiwi. Find in the video how I intend to take advantage of the potential downtrend. I thought I publicly shared a publication on my bearish bias but unfortunately, I do not have it anymore, please bear with me. 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
XAUUSD | Perspective for the new week | Follow-up detailsPrice is presently within the buy opportunity zone we identified during my last publication but we still need to be patient for confirmation details to buy the Gold as long as the price does not break down the bullish trendline. I shall keep you posted... Good Morning 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.
OANDA:XAUUSDLong
by darcsherry
XAUUSD | Perspective for the new week | Follow-up detailsFinally, we have a breakout of key level and we should anticipate a confirmation at the end of the current retracement to take advantage of a potential bullish momentum. See the link below for the previous analysis. 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.
OANDA:XAUUSDLong
by darcsherry
XAUUSD | Live position review | Folow-up detailsDespite breaking down the bullish trendline identified yesterday (link below for reference purposes), I am still very sceptical of hopping in hence there are two scenarios that we have identified to take either a sell or buy. 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.
OANDA:XAUUSDLong
by darcsherry
Falling wedge on Cardano dailyAbove i have identified a falling wedge on Cardanos daily chart. We can see a decrease in bearish volume as the market looks for a potential reversal to the upside. Taking into consideration the current market climate where BTC has seemingly found support at 37000, it wouldn't surprise me if we saw the market reverse. The first target price for Cardano would be the 0.98-1 level where we recently got rejected. If broken secondary target would be at 1,11. Welcome to ideas and suggestions :) Not financial advice.
BINANCE:ADAUSD.PLong
by MYrtsinfilosofi
2
⚓US500 4510.4 SHORT IDEA + 0.94 % * PRICE ACTION & STRUCTUREHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE. HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THIS WEEK ON US 500. The index opened the week with a bullish rally since it broke out of that descending channel. * The index is still strongly bullish looking at momentum to the up side, but what goes up must come down the question is where. * Have a couple of levels to look at with interest ahead, will be looking at reversal patterns at this levels. * Break above of structure puts the second entry into play. - looking for reversals with the bears see below. lets see how it goes. IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
UShort
by PULEMokhothu
DXY 96.07 - 0.74% SHORT IDEA * PRICE ACTION & REVERSAL PTTNS HEY EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE SOME OPPORTUNITIES THIS WEEK. LOOKING AT THE DOLLAR INDEX * The index has been trading in a bullish trend that lost momentum as we enter a reversal pattern that is now range-bound within the support & resistance . * Looking for a double bottom formation within this range unless we see a breakout or changes in momentum. * looking for reversals in the form of a double bottom, should we see continuation with the bulls, the plan changes. ON THE HOULRY CHART - We are within a descending structure that could support that double bottom. - looking for shorts on the dollar index , a break above changes the whole plan. lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
TVC:DXYShort
by PULEMokhothu
USDZAR 14.96170 + 0.24 % LONG IDEA * REVERSAL PATTERNS,BREAKOUT HEY EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE. NEW WEEK, NEW OPPORTUNITIES. LOOKING AT THE DOLLAR / ZAR * The PAIR has been trading in a descending channel just tested the BASE of this structure ENTERING a range as we see momentum to the down side slow down somewhat. - Short term the pair is currently rejecting at this structure possibly signaling a change in momentum on the 4h chart this,the delay at this level might just be the signal that we might be changing direction towards the bulls.. - Looking for long entries on the THE DOLLAR ZAR this week should all the rules of the formation be met. LOOKING FOR A BREAKOUT ON LOWER TIME-FRAMES AND POSSIBLY SIGNS OF BULLISH MOMENTUM lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Long
by PULEMokhothu
1
GBPUSD 1.31632 - 0.1 % LONG IDEA * PRICE ACTION & STRUCTURE HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE. NEW WEEK, NEW OPPORTUNITIES. AS FED CHAIR POWELL GIVES HIS SPEECH SEEING SOME STREGHTH INJECTED INTO THE DOLLAR, HERE'S A LOOK AT THE POUND / DOLLAR * The PAIR has been on a build up or rather formation of a beautiful text book H&S formation, A break of structure possibly signals continuation to the up-side. - Short term the pair is in a down trend on the 4h chart this should it respect structure looking for continuation towards the upside. - Looking for long entries on the THE PAIR this week should all the rules of the formation be met as I sit on my hands on this one and await that break-out SEE CHART BELOW. lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Long
by PULEMokhothu
USD / JPY 119.389 +0.19 % SHORT IDEA * TREND POSSIBLE REVERSALHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE. NEW WEEK, NEW OPPORTUNITIES. LOOKING AT THE DOLLAR / YEN * The PAIR has been trading in a Ascending channel , just tested the roof of this structure after that extending this move with a strong bullish rally towards the upside. - Short term the pair is in a up trend on lower time-frames as we see break aboves even on the 4h chart this. - Looking for short entries on the THE PAIR this week should all the rules of the formation be met, reversal patterns at that looking for any reversal patterns. BREAK ABOVE AND BULLISH MOMENTUM INVALIDATES THE SET UP. SCALLING LOWER HERE'S WHAT WE HAVE lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Short
by PULEMokhothu
AUD / USD 0.73992 -0.2 % SHORT IDEA * REVERSAL PATTERNSHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE. NEW WEEK, NEW OPPORTUNITIES. LOOKING AT THE AUD / DOLLAR * The PAIR has been trading in a Ascending channel , just tested the roof of this structure NOW seems the bears will be in control with the formation of the double top anticipating a reversal. - Short term the pair is in a up trend on lower time-frames as we see break above's even on the 4h chart this. - Looking for short entries on the THE PAIR this week should all the rules of the formation be met. BREAK ABOVE AND BULLISH MOMENTUM INVALIDATES THE SET UP. scaling down lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Short
by PULEMokhothu
3