Tag Archives: reversal

CAD reversal

The CAD has reversed on the back of weaker employment data. USDCAD has pushed up to 1.0690, 50 pips higher vs. levels ahead of the release. Data showed the unemployment rate rising to 7.1%, with move away from the year lows at 1.0621 made earlier in the month. Over the past 4 weeks, CAD has
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Gold Follows Through on Outside Day Reversal

Daily Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Automate trades with Mirror Trader and see ideas on other USD crosses -“Monday’s outside day reversal (and divergence with silver) is suggestive of lower levels.” The metal followed through on Monday’s reversal before finding support from the early March high. Last week’s low is important
Trading MACD Divergence – Part 1

Trading MACD Divergence – Part 1

Most powerful chart pattern in Technical Analysis. Learning MACD Bullish and Bearish Divergences. From Investopedia: What is MACD? A trend-following momentum indicator that shows the relationship between two moving averages of prices. The MACD is calculated by subtracting the 26-day exponential moving average (EMA) from the 12-day EMA. A nine-day EMA of the MACD, called
Trading MACD Divergence – Part 1

Trading MACD Divergence-Part-2

Most powerful chart pattern in Technical Analysis. Learning MACD Bullish and Bearish Divergences. From Investopedia: What is MACD? A trend-following momentum indicator that shows the relationship between two moving averages of prices. The MACD or Trading MACD Divergence-Part-2 is calculated by subtracting the 26-day exponential moving average (EMA) from the 12-day EMA. A nine-day EMA
Trading MACD Divergence – Part 1

Trading MACD Divergence – Part 3

Most powerful chart pattern in Technical Analysis. Learning MACD Bullish and Bearish Divergences. From Investopedia: What is MACD? A trend-following momentum indicator that shows the relationship between two moving averages of prices. The MACD or Trading MACD Divergence is calculated by subtracting the 26-day exponential moving average (EMA) from the 12-day EMA. A nine-day EMA
Trading MACD Divergence – Part 1

Trading MACD Divergence – Part 4

Most powerful chart pattern in Technical Analysis. Learning MACD Bullish and Bearish Divergences. From Investopedia: What is MACD? A trend-following momentum indicator that shows the relationship between two moving averages of prices. The MACD or Trading MACD Divergence is calculated by subtracting the 26-day exponential moving average (EMA) from the 12-day EMA. A nine-day EMA

Reversal and Continuation Patterns: Video 4

  This module is about reversal and continuation technical analysis patterns. This module shows the practical applications we’ve been learning about trend lines and support and resistance levels. But when the price is not so consistent, and perhaps the trend becomes sideways for a while, then the price can move in ways that create patterns
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