Reversal patterns

[DaxTrader]

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

 

[DaxTrader]

Another one from www.lbrgroup.com - shows up well in estox and sps

 

[DaxTrader]

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

 

[Skimbleshanks]

DaxTrader - to save on the housekeeping chores 😀 please will you post these all in one thread. Thanks!

 

[DaxTrader]

oopps !

apologies, will do