Reversal patterns

DaxTrader

Active member
229 2
this pattern seems to happen quite regulary - sort of "bear trap" - good risk reward
 

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DaxTrader

Active member
229 2
Reversal patterns (last one)

Note the price pre news announcement - if it sells off, then recovers to above where it was before , mkt showing strength - therefore long 1 tick above pre news level and vice versa. Longs shaken out , shorts carried out afterwards
 

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DaxTrader

Active member
229 2
oopps !

apologies, will do
 
 
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