- Search Forex Factory
- 25 Results (1 Threads, 24 Replies)
- Simple Reversal Spotting Trades (MA/Elliott Wave Osc)
This is a very simple form of spotting trend reversals and entering into trades. Indicators Used: ...
yes, a pullback is inevitable is what i feel
image lost momentum; broke today's lows. at support 1.3905; breach of this level will take the price to 1.3885 and then 1.3860
sharp bullish channel. looks like 1.61 is in sight. image
absolutely, at the moment in messy ichimoku set up. image
too too slow monday. hoping to see re-test of today's lows.
yup... a typical monday. hoping to see some action in NY.
image if the current candle closes below 1.3945, we may see a re-test of today's lows which happens to be a good support. below there, supports lie at 1.3885 and 1.3862
image in case the price manages to close (4H) below 1.3855, we may see another retest of 1.3805 which happens to be a support level. the pair is going to face resistance at 1.3874. A breach will send the price to 1.3924
breather for USD/JPY. the rsi bounced off and is now turning bullish. US open will give us the clear direction. image
This is a very simple form of spotting trend reversals and entering into trades. Indicators Used: ...
[quote=forextine;4127727]We going to see a drop to 128 in the near term? likely... incase it closes below 128.37, next support is at 128 image
i guess we'll see 1.3885 area resistance soon.
image here is a larger E/U picture. first, there was a strong bullish rally, then a breakout of the bullish channel. the pair then failed to make its way back into the bullish channel. 1.3798 and 1.3690 are the key supports.
bearish channel breakout is seen. currently facing resistance @ 81.76
Currently at resistance level. Incase of a break out, we could see 113.52. image
Fibo levels for down move from 135.062 to 126.475 128.45 is the level to be watched for critical support. Major resistance lies at 129.75 image
Cable stuck between the bulls and the bears. No clear pattern could be seen. Refer the following template; it is very useful in spotting trend reversals. image
0.9850 looks real at the moment
EUR/USD is appearing since yesterdays fall. Once the price settles over 1.3994, we may se a retest of 1.4155. image
it has hit my target of 0.985, looks like 0.9910 is the next level