2017.06.12 14:00, H1, USDCAD: a classic reversal candle (downside) short – (xpMail Free)

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USDCAD on H1 at 2017.06.12 14:00. The chart shows: a classical reversal candle has formed pointing the price action downwards potentially. Check whether it has appeared off a likely strong resistance, e.g. the top bollinger band, the top of a range, or a tested and re-tested resistance level. Consider that the market might retrace the reversal candle up to the 40%, 50% or 60% levels and the possibility therefore of a pending order with a stop above the hig (potential short). Check the strength of the move, whether there has been a turn on strong resistance, a candlestick pattern, or test/restest off the top bollinger band or 20SMA and consider selling.

The chart is attached.

Screenshot

http://www.fasttrackforex.com/signals/CI_USDCAD_2017.06.12_14_00.png

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Coming soon... signals every day. Pepperstone Group Limited

2017.06.12 14:00, H1, AUDUSD: a classic reversal candle (downside) short – (xpMail Free)

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AUDUSD on H1 at 2017.06.12 14:00. The chart shows: a classical reversal candle has formed pointing the price action downwards potentially. Check whether it has appeared off a likely strong resistance, e.g. the top bollinger band, the top of a range, or a tested and re-tested resistance level. Consider that the market might retrace the reversal candle up to the 40%, 50% or 60% levels and the possibility therefore of a pending order with a stop above the hig (potential short). Check the strength of the move, whether there has been a turn on strong resistance, a candlestick pattern, or test/restest off the top bollinger band or 20SMA and consider selling.

The chart is attached.

Screenshot

http://www.fasttrackforex.com/signals/CI_AUDUSD_2017.06.12_14_00.png

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Coming soon... signals every day. Pepperstone Group Limited

2017.06.12 14:00, M30, EURUSD: fast crossed below slow average: a classic reversal candle (downside) short – (xpMail Free)

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EURUSD on M30 at 2017.06.12 14:00. The chart shows: that the fast average has just crossed below the slower of three averages. Short term momentum is carrying the price down and is in the direction of the cross down – a possible second sign of trend change from up to down. Check also the angle of the elbow joint on the short term moving average which if very acute, can be a sign of strength in that direction; a classical reversal candle has formed pointing the price action downwards potentially. Check whether it has appeared off a likely strong resistance, e.g. the top bollinger band, the top of a range, or a tested and re-tested resistance level. Consider that the market might retrace the reversal candle up to the 40%, 50% or 60% levels and the possibility therefore of a pending order with a stop above the hig (potential short). these signals firing off at the same time. Check the strength of the move, whether there has been a turn on strong resistance, a candlestick pattern, or test/restest off the top bollinger band or 20SMA and consider selling.

The chart is attached.

Screenshot

http://www.fasttrackforex.com/signals/CI_EURUSD_2017.06.12_14_00.png

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Coming soon... signals every day. Pepperstone Group Limited

2017.06.12 13:00, H1, AUDUSD: overheated RSI to the upside (sell) short – (xpMail Free)

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AUDUSD on H1 at 2017.06.12 13:00. The chart shows: the relative strength index (RSI) has reached an overheated level. Look out for a reversal, particularly if the next candle’s RSI level is clearly below its trendline, and below the overheated leve (potential short). Check the strength of the move, whether there has been a turn on strong resistance, a candlestick pattern, or test/restest off the top bollinger band or 20SMA and consider selling.

The chart is attached.

Screenshot

http://www.fasttrackforex.com/signals/CI_AUDUSD_2017.06.12_13_00.png

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Coming soon... signals every day. Pepperstone Group Limited

2017.06.12 13:00, H1, USDCAD: fast crossed below slow average short – (xpMail Free)

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USDCAD on H1 at 2017.06.12 13:00. The chart shows: that the fast average has just crossed below the slower of three averages. Short term momentum is carrying the price down and is in the direction of the cross down – a possible second sign of trend change from up to down. Check also the angle of the elbow joint on the short term moving average which if very acute, can be a sign of strength in that direction (potential short). Check the strength of the move, whether there has been a turn on strong resistance, a candlestick pattern, or test/restest off the top bollinger band or 20SMA and consider selling.

The chart is attached.

Screenshot

http://www.fasttrackforex.com/signals/CI_USDCAD_2017.06.12_13_00.png

image_print
Coming soon... signals every day. Pepperstone Group Limited