Category: Rejection Candle

The USD has been been in a steady downfall the last few months (the Trump dump?) The market has fallen quite aggressively dropping through some support levels on the way. […]

The one chart that stands out is the USDJPY, there is a large bearish rejection candle matched with a weekly resistance level, nice and simple. On the weekly chart you […]

Looking at a bearish setup today on the US crude oil markets (WTI) . First I will draw your attention to the weekly chart – staring the top-down analysis. It’s […]

During my normal review of the charts over the weekend –  I quickly identified a bearish price action setup on gold that I could not refuse. This setup is straight […]

Got a nice bearish play on the NZDCAD market today – a pair I don’t trade very often, but this swing trade is very hard to refuse. To build value […]

Looking at the price action on Gold today, looking at a bearish situation. When doing the weekend market walk through,  I noticed gold rejected a critical resistance level on Friday. […]

What an explosive start to the week. As anticipated the French election business caused a large gap in the market, most extreme on EUR pairs. Those large gaps throw out […]

Still watching AUDUSD like a hawk, remembering that we have a very large weekly sell signal coming off the major weekly level here. So far we have not seen any […]

Hi guys, I haven’t been able to post for a while sorry – been tied up with some cool Forex stuff which I can hopefully talk about soon. Been watching […]

GBPAUD got my attention again today because I noticed that price bounced off a weekly support level here. I spoke about this in the last war room chart of the […]

Hi guys, I haven’t been able to post much, I am head deep with big projects. Good things to come I assure you. Lets take a look at a bearish […]

Looks like the USD has displayed some weakness to start off the week, setting up a lot of charts towards a mean reversion. NZDUSD outside candle off support looks great, […]

So Donald Trump happened, and as most people expected – the markets initially went into panic. Surprisingly though, the USD recovered in a ‘dead cat bounce’ manner and even continued […]

We’ve been watching this big weekly level on the NZDCAD chart, seriously go onto your weekly chart and check it out, it’s pretty epic. Now the market did try to […]

Today we’ve got a very nice bearish rejection candle setup on the USDCHF daily chart. If you take a look at the weekly chart, you will see that weekly trend […]

The NZD currency has been a really strong market, maybe because it is holding high interest rates. We’ve just seen the NZD aggressively rally last week and over extend itself. […]

Some nice price action for this week on the EURNZD daily chart. We can see a recent trend line support has been breached. Price did move slightly lower after the […]

I was just walking down the beach when I got an alert from the battle station indicator that a reversal candle pattern had formed on the NZDUSD 4 hour market. […]

Another chart today at the market open which offers a nice mean reversion opportunity. This situation however, we do actually have a reversion signal that just appeared on the 4 […]

A Battle Station alert just came in on my iPhone letting me know of a bullish reversal signal on the usdjpy 4 hour chart. It does say bullish engulfing but […]