View allAll Photos Tagged Pullbacks
Harley Davidson 2002 FLSTFI "Fatboy"
Replacing HD Swingback Bars (56039-03) with Arlen Ness 1-1/4" Chubby Bars with 8" Pullback
GBPUSD chart setup warns of pullback risk. However, the potential for a sustained correction may be limited. Sellers interest would likely be renewed on a test of the resistance at 1.5415.
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The fx pair is just looks in some kind of base building to get some power before the bigger up move will start and the market is heading to R1 level. There are two version. Both TP are R1. In the first version the market will reach it fast and easy. In the other it will reach the TP in much messy way and it will form bigger corrections. Even it can come down to S1 level. To take Long positions this way is difficult. The only good is to not to think in big runs. Also if the second version is on than maybe Short position can be taken as well.
Opening a position: in every M5 pullback end to the given directions. Every time it is important to take care for the contexts.
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Harley Davidson 2002 FLSTFI "Fatboy"
Replacing HD Swingback Bars (56039-03) with Arlen Ness 1-1/4" Chubby Bars with 8" Pullback
Harley Davidson 2002 FLSTFI "Fatboy"
Replacing HD Swingback Bars (56039-03) with Arlen Ness 1-1/4" Chubby Bars with 8" Pullback
The fx pair is in a downtrend on H1. After the news movement it seems the market grown out itself and the downtrend moved to a higher level. This strong movement for Friday is more than enough. So there isn’t really much left for today. But from longer distance there can be much more or other… To trade at the end Short position can be taken with the TP shown on M15. This will be reached in 2 or 3 small swing. And after a correction up to R2 can come easily. If it is happens than take LONG position. But careful. The market can form a correction first and it will head down just after.
Opening a position: in every M5 pullback end to the given directions. Every time it is important to take care for the contexts.
#eurusd #forex #fxtrading #investing #traders #fxtraders #trading #fx
BIDU is traveling through very defined channel and it's recent pullback is allowing room for bullish movement. The squeeze supports this bullish prediction along with growing volume in the OBV. The SMA's also just crossed which could signal a reversal. Nonetheless the bad earnings report bought it down to a cheap level which gives it room to move up.
The fx pair on Daily TF is in a range after its first up movement and the second upper leg is in development. On H8 the market is in a strong narrowing range. Still a few versions on for the upcoming. Only one thing seems clear that the wedge is not a triangle and H8/Daily can take over the wheel (this has more percentage) and the movement can continue upward. On H2 the market is in clear range. And just seems to stop again and turn down. This can give good SHORT positions with the TP of the surroundings of S1 (green boxes). After if RSI will stop at 34-38 than better to get ready again for the next turn to head upward.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.
#eurusd #forex #fxtrading #investing #traders #fxtraders #trading #fx
Daily Dow Jones Might Preparing A Pullback When RSI Surpasses 80.
www.marketfutureoutlook.com/2011/01/daily-dow-jones-might...
The pair is in a short term downtrend and made a pullback and small bearish candle was printed and MACD ans RSI converging which gave a clear trigger for entering an short position for the continuation of the trend. Take profit was placed before the first support of 1.52669.
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Sometimes a Final Flag can be only one or two bars long. This is common when the market is moving fast with unusually large trend bars. The break- out from that small flag often reverses after a bar or two, and this usually results in a two-legged pullback that lasts for an hour or more. This is...
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Editor: huonglinh
www.pomdy.com/book/reading-price-charts-bar-by-bar/chapte...