scorpiomanoj

Extreme Reversal Setup Price Action

The extreme reversal setup is a fabulous signal that I've back tested over countless years of data on many
instruments, different timeframes, and using various trade management methodologies. The results have always been highly favorable. Needless to say, this setup remains a key staple of my trading arsenal. The extreme reversal setup is a classic "rubber band" trade. When a rubber band is stretched to its limits and then released, it snaps back in the direction from whence it came. We are looking to trade the snapback reversal with this setup.
The basic setup occurs when an extremely large candle forms that is about twice the size of the average
candlestick . While this candle may indicate that a continuation will be seen, the second bar of the pattern does not confirm a continuation and, instead, is an opposing candle that signals an upcoming reversal. When this occurs, you have a fantastic opportunity to buy below value, or sell at a premium.
The extreme reversal setup looks to capitalize over-extended situations in the market, as responsive buyers and sellers will enter the market to push price back in the opposite direction.
Courtesy : Frank Ochoa.
Hilangkan dari Skrip-Skrip Favorit Tambahkan ke Skrip-Skrip Favorit
Trading is my passion.
can i access plz
Jawab
Beranda Penyaring Saham Penyaring Forex Penyaring Crypto Kalender Ekonomi Tayangan Bagaimana Cara Kerjanya Fitur-Fitur Chart Harga Akun Tata Tertib Moderator Solusi Website & Broker Widget-Widget Solusi Charting Perpustakaan Charting Ringan Pusat Bantuan Refer seorang teman Permintaan Fitur Blog & Berita Yang Sering di Tanyakan Wiki Twitter
Profil Pengaturan Profil Akun dan Penagihan Refer seorang teman Tiket Dukungan Saya Pusat Bantuan Ide Terpublikasikan Pengikut Telah Mengikuti Pesan Pribadi Obrolan Keluar