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Trend-reversal

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
NZD/JPY Prepare for 1000 pips +We already got major trend change for NZD/JPY but we are only waiting for good entry!! We may not reach previous structure for entry but we will have to entry earlier after breakdown of retracment up to EMA 36. Using heikin ashi candles helps us that so after breakdown of retracment i will short it defnitely. Resons for trend change are already written on the chart : 1. We have got valid double top 2. Later existing support hold price and made extreme structure which now reacts as a resistance 3. After that we have got LH (lower high) which signals us trend weakning 4. And after that we have got straight breakdown of EMA 200 + that major structure + trendline even before 5. We are getting LL at this moment (Lower low) Our stop loss is little above the structure but anyway we have rules to exit trades after breaking structure differently which save us a lot of pips (manual exits if trade goes wrong with rules ofcourse) Target will be major PRZ down there at 75.000. Remember to split your trade in at least 2 or 3 positions so you can close it at minor PRZs and EMA 633 exit. How to trail it? I personaly like trailing it above EMA 36 which is very good by the results. If you want to be more agressive, trail it above EMA 12 or even above retracments. We expect around 1500 pips + with several positions or even more. Best regards
Short
by AcademyInvestment
15