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Trend-reversal

ETHUSD 1H INSIDE CANDLE BREAKOUT SHORT TRADEWHAT IS AN INSIDE CANDLE 1. Previous candle engulfs next candle 2. 2nd candle high is lower than 1st candle 3. 2nd candle low is higher than 1st candle INSIDE CANDLE METHOD 1. Incoming Trend 2. Inside candle - Opposite color 3. Enter Break of Engulfing Candle Inside Candle method is a great short term consolidation indicator. If your trade plan contains breakouts and consolidation then this method is for you. This is a great way to find smaller consolidations quicker which will give you more trades on whatever time frame you want to look. On a daily chart it may take weeks for a consolidation pattern to form. Inside candle represents a pause, consolidation or compression in the market after a big move. Often you will also see reduced volume on the inside candle. Inside Candle method is a pause or a reversal of the trend . So it is more effective if there is an incoming trend. Enter a break of the larger engulfing candle in the direction of the break. Enter with a Stop Order a few pips above or below breakout level. Which trades you take is a matter of preference. Some like reversal trades or trend-following trades. Scalping in doesn't matter what direction you may go. Trend following you will want to see this in the context of a larger trend. Take all the trade setups and just shut down the ones that don't perform. Trade Management: Enter 2 trades Stop Loss is 1.5 x ATR for both trades First Take Profit is 1 x ATR for 1st trade 2nd trade there is no take profit. When 1st TP is hit move 2nd trades SL to breakeven. Let profit run on 2nd trade by following/trailing SL. If a candle closes back inside the larger engulfing candle close down trade. Watch for a setup for the next breakout.
COINBASE:ETHUSDEducation
by Tradingstrategyguides
GXY Trend ReversalWe broke out of long descending wedge on daily chart with consecutive green candles with S/R flip. We are still not out of the woods just yet but it's looking promising. Some more confirmation is needed for full confidence in trend reversal. We really want to be above the Ichimoku cloud. Looks overbought on the RSI so after retesting the new support, we should be back on the way up. I suspect a lot of shorts will need to cover so we'll see some rise in volume.
GLong
by Doctor_Zeus
DXY medium term perspectiveGood morning people am back to posting frequent ideas... to begin with, the dollar still remains respectively bullish we had the key 99.00 psych region which was clearly a clear barrier, area of liquidity, however due to fundamental positive data and china and the US still centring the attention with a possible trade deal we could expect further highs to be made to around the 100.00 region. Currently, price could test the previous high, if theres signs of rejections we could retrace to confluence area of trendline and MA to create a higher low before making new highs.
TVC:DXYLong
by danresdidualfx
Still Need for ConfirmationAlthough we have broken the resistance at 9650 I am still waiting for a valid confirmation. I am still not convinced that there is a reversal upwards. Volume is not enough to provide enough thrust to take off besides there is a divergence at 1 hour chart RSI which can still cause a stall in price which afterwards lead a devastating crash. Signals are still mixed. Disclaimer: This only reflects my self opinion therefore this is not a investment advice. You are responsible for your own actions.
BITFINEX:BTCUSD
by Eur0pa
1
ENSV - Increasing Volume + Media Presence. Resistance Test Due!Enservco Corporation provides well and fluid management services to the domestic onshore oil and natural gas industry. The Company's services include frac water heating, hot oiling and acidizing (well enhancement services), and water transfer, water treatment, water hauling, fluid disposal, frac tank rental (fluid management services) and other general oilfield services. Well enhancement services consist of frac water heating, acidizing, hot oiling services and pressure testing. These services are provided by its subsidiary, Heat Waves Hot Oil Service LLC (Heat Waves), which utilize a fleet of approximately 200 custom designed trucks and other related equipment. The Company owns or leases, and operates approximately 65 water-hauling trucks and trailers equipped with pumps to move water from or into wells, tanks and other storage facilities. Each truck has a hauling capacity of approximately 130 barrels. It also provides well-site construction and roustabout services. SHORT INTEREST 464.49K 07/15/19 P/E Current -4.11 P/E Ratio (with extraordinary items) -6.99 Average Recommendation: BUY Average Target Price: 1.33
ELong
by DEXWireNews
ROX - Trend Reversal - HOW HIGH CAN IT GO?Castle Brands Inc. develops and markets premium and super premium brands in the beverage alcohol categories. The Company is engaged in the sale of premium beverage alcohol. Its beverage alcohol categories include rum, whiskey, liqueurs, vodka and tequila. Its brands include Gosling's rum, Gosling's Stormy Ginger Beer, Gosling's Dark 'n Stormy ready-to-drink cocktail, Jefferson's bourbon, Jefferson's Reserve, Jefferson's Ocean Aged at Sea, Jefferson's Wine Finish Collection, Jefferson's The Manhattan: Barrel Finished Cocktail, Jefferson's Chef's Collaboration, Jefferson's Wood Experiment, Jefferson's Presidential Select, Jefferson's Rye whiskey, Pallini liqueurs, Clontarf Irish whiskey, Knappogue Castle Whiskey, Brady's Irish Cream, Boru vodka, Tierras tequila, Celtic Honey liqueur and Gozio amaretto. It has operations in two geographic areas: International and the United States. The Company distributes its products in all 50 states of the United States and the District of Columbia. SHORT INTEREST 3.6M 07/15/19 Average Recommendation: OVERWEIGHT Average Target Price: 1.35 P/E Current 16.68 P/E Ratio (with extraordinary items) 16.65 P/E Ratio (without extraordinary items) 21.23
RLong
by DEXWireNews
EUR/AUD ready to fall as many analyses showing a possible top.Hi, The FX:EURAUD its very interesting in my opinion at the moment. In the long term we have a trend line which the EURAUD its fighting right now which means that if it breaks, it will give extra pressure for the shorting side. On the Daily chart looks like we have a possible H&S formation which we re-tested the neckline yesterday and today we are breaking to new lows. On the 4hr looks like a possible flag is in play which targets the 1.5740 area. For this reason I have shorted this pair at 5943, with SL at 6034 and TP at 5700 area (3.00 RR). Thanks and good luck.
Short
by dcm2020
1
potential trade setup: GBP/USD analysisthe previous weekly candle closed as a bearish engulfing candle, the sentiment still remains uncertain and pessimistic around the sterling currency, however, price is rallying towards a key dynamic area of support in which we previously saw some institutional demand, the psychological level is also in alignment with the key W trendline acting as support. This could be a great risk-reward trade with targets of 1.2800-1.2900, il be paying close attention to candlestick behaviour to look for entry opportunities.
Long
by danresdidualfx
Time to buy BMW? Day before ex-dividend dateBMW entered a bullish trend back in 13 May 2016, when it paid the dividend of 2016. Yesterday was at minimums of 2013 if we do not take into account Brexit effect on 2016. Today is the day before the ex-dividend date of 2019 and it offers a dividend yield of 5.12%. Nonetheless, it's worth reminding that BMW's 2018 Earnings where -16.9% YoY so in case you happen to buy shares today, do not hold them for long. A positive point for the auto sector is that Trump will delay tariffs on autos 6 months from now. Therefore, we might expierence some volatility with BMW stock and it could have a trend reversal right from today up to levels of 74-75€. So the final conclusion would be: Buy today, seize the dividend this month and sell in 5-6 months time depending on market news.
XETR:BMWLong
by alexinve
1
When the indicators align: Potential long-term trend reversal!Hi, all the original video didn't seem to publish so I have redone it. Heres a video summary... XPT has been giving me the eyes from across the bar all night... However, I am sitting on my hands patiently waiting for absolute confirmation before striking. These sensational charts are suggesting to me we are approaching a potential long term trend reversal! Here are my confluent reasons why... 1. Falling wedge pattern. 2. Bullish divergence on the RSI. 3. Higher lows RSI, lower lows price action. 4. Potential ABCDE count. 5. Price action really stretched away from EMAS. (weak indication) I believe we are going to get something like this However, there are multiple pathways it could take... we have to look on the flip side as well, very possible we break out now and bull off into the sunset Or we reject the top trend line head to the bottom trend line and continue this strong downtrend. Either way, Platinum looks juicy and prosperous and I am leaning towards bullish. Be patient and prepared for anything and let me know your thoughts. Good luck and happy trading :^) ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
OANDA:XPTUSDLong
by TrimmerTrading
1