ChartSecret.com : Chart Patterns Trading signals - page 2
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
A trading range has evolved at the EURJPY pair. Price is strongly bound by two horizontal support and resistance levels: 131.8 and 130.6. These levels have been tested for 3-4 times and are considered highly reliable.
Trading:
The main direction is upwards. I expect price to break Resistance - and I would join the trend at the pullback to the broken Resistance level.
More Analysis and Trading Articles
EUR\JPY Trading Range | ChartSecret.com
A double bottom pattern has been formed at the USD\JPY pair - pattern is 100 pips in size and looks very precise. This is a reliable pattern in which price stops twice at the same support level - which eventually leads to a beginning of a bullish movement.
Trading:
Enter long at the breakout, or at the pullback to the neckline. Target is 100 pips from the breakout location.
Source:
100 Pips Double Bottom - USD\JPY | ChartSecret.com
A very precise Double Bottom chart pattern is now present at the USDCHF, at 1-hour chart. Size of the pattern is 100 pips which offers great potential for profits. Price is now struggling with the neckline and after it breaks price is expected to rise to 1.440 which is the target.
The Double Bottom is a highly reliable chart pattern which leads to reversal of trend in more than 70% of the time - this one is especially large and will offer entries with high Risk:Reward ratio.
Trading: Enter long at the breakout of the neckline, or wait for pullback for extra-reliability.
Source: 100 Pips Double Bottom in USD\CHF | ChartSecret.com
60 Pips Double Top - EUR\CAD
A Double Top pattern, slightly dis-proportioned, appeared at the EUR\CAD. The second top is lower than the first - which enforces the strength of the pattern - the buyers did not even reach the previous high, which indicates that sellers are gaining strength.
However, the pattern has not been validated as the neckline was not broken yet.
Trading: Wait for the neckline to break and enter short trade. Conservative traders will wait for pullback to enter a more reliable trade. Target is 60 pips from pullback location.
Source:
EURCAD - Double Top (60 Pips) | ChartSecret.com
USD\JPY Triple Bottom - 200 Pips
A very price bullish pattern has been broken in the USD\JPY Forex pair - the Triple Bottom. This is a very strong bullish pattern that leads to a uptrend in 83% probability. Note that the neckline is a tested Resistance area that was confirmed for 5 times and proven as strong.
Trading:
Price has began to pull back to the neckline. Wait for confirmation from candlesticks and enter Long trade with target of 200 pips and stop loss behind the downswing (90.20).
Analysis Source:
USD\JPY Triple Bottom - 200 Pips | ChartSecret.com
AUDUSD: Triple Top (100 Pips)
AUD\USD has created a wonderful pattern at the hourly chart - a precise Triple Top at the highest high. This pattern, especially at this location, can lead to an overall shift of trend to a strong bearish movement. Pattern is 100 pips in size and neckline is positioned at 0.9200.
Trading: Aggressive traders will enter short at breakout, conservative ones will wait for pullback. This should be a very profitable trade with high Risk:Reward.
More Chart Analysis:
ChartSecret.com | Trading Chart Patterns for Profits
USD\JPY Head & Shoulders Reversal (135 Pips)
A Head & Shoulders pattern has formed at the USD\JPY. This is the most reliable and consistent reversal pattern - it leads to reversal at 95% of trades and is considered 'the king of chart patterns'. Price has already broken the neckline and we would wait for a pullback to join the trade. Target will be 135 pips from the location of the pullback.
Source:
USD\JPY Head & Shoulders Reversal (135 Pips) | ChartSecret.com
AUD\NZD Ascending Channel - 120 Pips
A precise channel pattern is now present at the AUD\NZD pair. It was tested for 8 times and is a very strong pattern.
Size is 120 pips - which is also the projected target in case of a breakout downwards.
Trading: Enter short at breakout downwards, or at the pullback to support.
Source: AUD\NZD Ascending Channel - 120 Pips | ChartSecret.com
can some one help me with Deltaforce indicator
Dear Thomas, What help is needed?
USD\JPY is in a strong descending channel at the daily chart. The channel was tested for 7 times and is considered a very reliable pattern.
Trading:
Traders can take trades on the Resistance trendlines, after candlesticks confirm the entry. A target for this trade is the support trend line.
Short trade can be signaled when price breaks the channel downwards, or pulls back to the broken trendline.