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Forex Trading Setups and Signals – Archive

Signals/Setups Published for: Sep 29 -Oct 4 2019

13 Forex Signals/Setups 0 Crypto


If you are looking for Free Forex trading signals and setups every week, this is the page to bookmark.

You can find the setups below and they are posted every week, by Sunday evening.

I don’t publish daily Forex signals because my experience (and many others) is that swing trading Forex offers the most bang for your buck.

Many have said these are the best Forex signals because there is a learning component to the posted setups and the recap.

I use what has proven to work in Forex trading:  mean reversion and momentum based setups.  There is an actual edge in using these two methods that can be quantified.

There is an edge in mean reversion and momentum trades and that is where I will continue to focus.  As you’ve seen, you can short alt currencies and Bitcoin in the right context but most traders would be better to continue with the trend.

These are daily price charts

Some things to help you understand the charts:

  • Consolidations are considered to be pullbacks and ranges on the posted charts.
  • Ranges and pullbacks are treated differently in terms of trading them
  • Trend line can be used for entry on break but I do not follow them for support or resistance
  • Horizontal support and resistance are pivots areas
  • Momentum thrust is a sharp move in price
  • Basing is when price is ranging sideways – usually used to explain price action after a momentum move
  • Basing at highs or lows of the momentum move are continuation patterns
  • Failure tests are thrusts up or down through a level and immediate reclaim of previous price zone
  • I prefer to see pullbacks with low momentum in the corrective phase

As always, all of these free Forex and cryptocurrency setups are based on price action, price structure and may result in trading opportunities.

These setups use technical analysis to determine if a chart is setup for a potential trade.

As the Forex charts are set up when the market is closed on the weekend, price may evolve differently than anticipated.

It is impossible to give entry and exit prices because these are not updated on a daily basis.  As price evolves, so does the entry.

The beauty of price action Forex trading/cryptocurrency trading like this is you are not waiting for a lagging technical indicator to flash an entry signals.  You can see, in advance, the setup that we are looking to take advantage of.

  • We are reactive to price action in these areas
  • We do not attempt to forecast although an idea can be helpful
  • Don’t get blinded by your opinion
  • Price rules your opinion

While some of you may choose to scalp or day trade the foreign exchange market with these free setups, please note they are designed for a swing trading approach.  Lower time frames may also present opportunity using these charts for context.

Please be fully aware of your overall “risk appetite” when it comes to your trading account and your Forex broker margin rules.

Note that all recaps are best case scenarios in terms of totals.  Every trader will have different entry and exit points and the recaps show potential and not necessarily totals obtained by the author.  The author does trade the posted setups and others dependent on evolving price action.

Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. This site bears no responsibility for trading results based on trading recommendations described in these analytical reviews.  You must understand Bitcoin and cryptocurrency trading in general before trading that market.

You can also visit:  How To Trade The Free Currency Trading Signals


Sep 29 -Oct 4 2019

Stellar week with GBP leading the charge. Over 1200 pips were potentially up for grabs depending on your trade management criteria.
Some of you have asked how to use these updates on past setups: just take this information and compare it to the setup chart and your platform chart.

Watch the GBP crosses this week as they make up a bulk of the setups posted.  Risk management is key.

AUDCHF
AUDCHF

 

AUDNZD
AUDNZD

 

EURCHF
EURCHF

 

EURGBP
EURGBP

 

EURNZD
EURNZD

 

EURUSD
EURUSD

 

GBPAUD
GBPAUD

 

GBPCHF
GBPCHF

 

GBPJPY
GBPJPY

 

GBPNZD
GBPNZD

 

NZDJPY
NZDJPY

 

USDCAD
USDCAD

 

USDJPY
USDJPY

Sep 22 – Sept 27 2019

AUDNZD – I wanted a better breakdown but when priced failed to rally at the start of the week, a breakdown of 60 pips came into play.

CADCHF – We had rejection off of lows but there wasn’t a play to be long. At this point, and it may change next week, the price pattern of lower lows and highs are in play. We need price to take out either the green line or break lows.

CADJPY – Price made clean rejection off lows for a 60 pip upside run.

ETHUSD – Total bust as price dropped like a stone

EURGBP – Not much in play, 46 pips, but the grinding price action to the downside did produce the small upside gain. Simple break of lower highs to the upside.

EURNZD – Simple play as price broke downside as thought. Entry off the small candle on the 23rd (four hour) which, from the lower shadow, was a lower time frame pullback. Break of low pulls off a 175 pip downside run.

GBPCAD – That small basing early in the week , using the failure test upside as context to continue short, broke for 193 pips. If you dialed into a four hour chart at the range, you may have gotten a bit more (about 244 pips)

GBPCHF – Same as GBPCAD with small range and break for 120 downside

GBPNZD – The GBP crosses were on fire. Obvious reversal point as price rejected upside and ranged. Downside of 360 pips from four hour range break.

GBPUSD – Setup chart was clear in saying looking downside. 140 pips

USDJPY – Was looking long and while price pulled into the zone, the entry, a trend line break, was far up on price for only 54 pips potential from break.

Nothing changes. We have been producing these charts for years and long time viewers will note the same approach every week. Nothing is new. It’s wash-rinse-repeat. 483 pips were potential depending on how traders approach their swing trading.
Quite a few setups this week with some pullbacks and potential short term reversals. Watch for currency overlap such as trading CAD crosses.

 

AUDNZD
AUDNZD

 

CADCHF
CADCHF

 

CADJPY
CADJPY

 

ETHUSD
ETHUSD

 

EURGBP
EURGBP

 

EURNZD
EURNZD

 

GBPCAD
GBPCAD

 

GBPCHF
GBPCHF

 

GBPNZD
GBPNZD

 

GBPUSD
GBPUSD

 

USDJPY
USDJPY

Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29

69 thoughts on “Forex Trading Setups and Signals – Archive”

  1. I am not trading yet, just learning. This your info does not only say were to look, it also says what to look for. Very very important. It minimises the search effort greatly. THANKS.

    1. Thanks for the comment! Location is important when swing trading but without something that tells you the setups is ready, kind of useless. So far, this week is pretty decent

  2. Hi SD- I hope I find you well. Your comment on the performance of last week’s pair AUDCHF refers. I know that basing upwards or downwards is bullish or bearish respectively. I was of the opinion that even if there is basing upwards and we get a failure test the price bias becomes bearish because of that failure test. What you mean is that whenever there is basing downwards or upwards and we have a failure test, in most cases price bias does not change and also depending on context?

  3. Hi SD, I am a beginner and just starting learn ebou forex, I want to ask about your GBP/JPY signal last week, how you determine the triangle break upside?

    And what are you think about when the price break downside the triangle?

  4. Hello Sd – Can you please give some clarity on when do we enter trades using the four hour time frame and when to use the Day time frame?
    Thank you in advance

    1. I will make a post about it but if you’ve been following along for a while, you’d have seen that explained virtually every week during the previous week update. In short, it’s using the same price patterns we find on the setup chart – the daily chart – on the lower time frame chart. Example would be a pullback on the daily chart ending with some type of consolidation on the lower time frame. Playing a breakout of the four hour range into the higher time frame pullback……

      1. Hi SD, I have another question while I wait for your post. If I miss a trade on the four hour, lets say it is a failure test or a break out for example, can I still make an entry when the day candle closes?

        1. Great question. You can however if the candle at the close is more than the average true range of the recent past, you may have a larger risk profile. You will also have an extended market which can lead to a sudden snap back.

  5. This is the best Forex Gift you will never get for free. The immense value of this package cost a fortune many people are unable to afford. Thumbs up to the VISIONARY!!!!

  6. Hi SD, the USD crosses are not stable at the moment, is it advisable to avoid them for the meantime?

    How do you define not stable? Have you quantified how you make the decision? The truth is and always will be – if a setup occurs according to the plan, I take the trade.

  7. Hello, I am new on this site. I want to ask a question. What is a simple correction and a complex correction and what is the significance of each when one is trading?

    Thanks for the question. Simple correction is one corrective leg and complex is at least 2. These are time frame dependent. A simple (one corrective leg) pullback on a daily can be a complex correction on a four hour. The rule of alternation states that you will see a simple and then complex. Why it is significant if you are a pullback trader is that if you place your stop directly under the pivot of the first corrective leg, you will get stopped out when it forms into a complex correction. You will also generally see a complex correction after a big run in price.

  8. SD, I now understand your comment on last week’s EURNZD. I was thinking that the pin bar before the breakout can be taken as a consolidation but this can’t be a consolidation as the pin bar is bearish. What was needed was a basing/consolidation and then trade the breakout

    .
    ..and that candlestick takes up the entire range. Remember, I use the daily chart for the setup and four hour at times for entry. If you are a shorter term trader, that “pin bar” on the daily is a complex pullback on the four hour chart which then sets up a 130 pip drop. All depends on your outlook.

  9. Hi SD, I hope I find you well. In this week’s setups, you do not have the GBPUSD pair. When I looked at the chart I thought it could be a good trade where you look out for a trade in both directions. What are your thoughts on the the pair?

    Tell me what you see on that pair. Honestly, I didn’t really look at the USD crosses for that week. In general, I do prefer the others.

    1. I thought you looked at this week’s pair of GBPUSD and you could advise whether it was good to trade or not. Since the pair was not on this week’s setups I wanted to hear from you why you thought it was not a good trade as part of my learning process.

      Right…and I’d like to hear from you why you’d think it was a good setup or not.

      1. SD, the GBPUSD pair touched support on the 18/6/2019 and again on the 05/07/2019 and I was expecting the pair to go either direction setting up a trade.

        I don’t trade support touches by themselves and as I have mentioned before in relation to support and resistance…how do you know that how you determine those levels is any better than random lines? Trading support and resistance as the textbooks teach is an approach that will end in failure. There is no edge. How I do it…there is an edge. You’ve heard it before, basing is one of my consideration. Also consider that the GBPUSD chart, using standard trending structure, is more a trading range.

  10. Hi SD, this week’s USDCAD, are you not expecting another leg lower after the pullback? I see on the setups you expect to go long.

    Anything can happen with a pullback including strong momentum or no pullback but consolidation. After a big run in price where my trade got a huge chunk of the move, no need to be chasing every move. To that, the USDCAD is extended and I am a patient trader.

  11. Hi SD, is exhaustion and weakness one and some thing? If not what are the differences?
    Thank you in advance for your quick responses as always.

    When I see exhaustion, I am looking for a sustained rally which means, I will generally ignore a pullback trade unless the rally lacks momentum.
    Weakness, is playable.

  12. Hi SD, Hope you are well. Your comment about last weeks EURCHF refers. You say “EURCHF – Price got ugly at our level. No trade to the upside” If I look at the chart, it would appear that price evolved in a way that we were looking for shorts but we could not get shorts as there was movement upside. Can you explain your comment or maybe I am missing something?

    EURCHF was at a potential turning point. At these zones, both sides are in play. While price went higher, I did not see a clear entry into the move even from the four hour chart. Upper and lower shadows on individual bars is a tough read.

  13. Thanks for the trades. Trouble is I get them about five days after the event

    Check the website Sunday nights. That is when it is generally updated.

  14. A great week last week; many thanks. Can I again point your readers to your scale and trail post? I am honestly never down in any week using your posted setups following this method. My slight variations include using an obvious nearby Res/sup point as target for the first trade (but broadly in line with the 1:1 R/R) and when profit is taken, move the second position to break even.

    Glad things are working well. Having an exit and trade management strategy is vital, as you know. Once you have gone 1R, there is no reason to ever find yourself in a losing trade.

  15. Hi SD, I hope you fine. Can you please explain how you decided that this weeks EURGBP should go long – and it was spot on by the way. I was of the view that due to that momentum move down we would expect some consolidation and another leg down and you were thinking of upside.

    The momentum push happened later in the swing down and was right into a potential support area. I read it as an exhaustion thrust.

  16. Sir. I was concerned about the setups cause of the last few weeks but this week shows you know exactly what you are doing. These were super and wonder if you take training clients to teach? Thank yu for the time.

    We can only trade with what the market presents. The key is to stick to a strategy that has served you well. I have been asked several times about mentorship and have been offered some obscene amounts to do so. That is not something I am interested in doing but I appreciate the interest!

  17. Is this the candle we been waiting for on the BTCUSD
    To go long?

    I don’t give exact entries and exits as we are dealing with financial instruments and the loss of money is real. That can open sites like mine up to a host of issues I care not to deal with. I give the potential setups.
    That said, there are a ton of entry techniques on this blog.
    You will also note from all the past setups that were posted, that when we are looking at any daily chart setup, I like to see the four hour for an early entry…especially on breakouts. The entry for Bitcoin was in the pre-breakout ledge around the 5300 level

  18. good morning and good work you are doing. Do we need to input our emails repeatedly to unluck the free trading signals?

    You shouldn’t. It sets a cookie on your computer so each time you visit, they should be visible.

  19. If the free forex signal didnt hit tp or sl within this week, so should i keep it or just close order at the end of the week? Thank you

    Since I don’t set take profits or stop losses on the setups I post, how you handle it will depend on your trading plan.

  20. NZDCAD last week – purrrrrfect. If only these setups occurred more often….

    On lower time frames you may get more of them but for me, I don’t trade to monitor charts. This was a beautiful example of a failure test trade.

  21. Hi Sd,I hope you are well. I was happy with the NZDCAD and I could not believe that it was one long 4 hour candle that made the big move down. After the poke above the resistance I watched the pair on the 4 hour and it was making lower lows which was setting up for the big move down. The pair behaved as you correctly predicted. It shows that with price action, if you take time to read these charts again and again you can correctly see where price may go and have another option at the same time if price does not behave that way.

    These types of trades are the best. In and out. The test of high and the inside candle makes for a simple entry. Like I always say, I don’t change the approach every week to make things look good. It is the same handful of approaches repeated…..

  22. Hi SD- Thanks for this week’s set ups. What are your thoughts on the GBPAUD?
    The trend is upwards but that moment staring from the bottom of the range worries me.

    Absolutely. Any strong move from the bottom of the range is suspect. You can see what happened after the momentum thrust on this pair. Right now it is more of a range than anything and probably not worth the effort to look for a trader here.

  23. Hi Sd, the CHFJPY this week may have side footed a lot of people if they followed your forecast. Your forecast was short maybe because of the momentum candle on the 7th of March. I went long because I saw the failure test of lows on the 8th of March and I concluded that price cant go any lower because of that. My trade was triggered on the 12th and I am still in a trade as of today 15th March.

    Greetings. Re-read what I wrote on the chart. I said the red candle could be exhaustion (which would indicate taking a long trade) or weakness. It should not have had
    anybody short because I wrote looking for a lazy pullback to take a short. If anybody went short, they did so without any setup to do so.

    As for a long pullback trade, momentum into the corrective move is not something I look for when taking a pullback trade. I will generally look for a lazy pullback and a measured move in the same direction of the momentum down. However, after the chart was posted we had a small range form which can work off the momentum move that has occurred. I don’t update the charts during the week. The four hour chart puts in a higher low on the 11th and the four hour consolidation sets up a breakout trade into the higher time frame pullback in price.

    I don’t see a failure test and perhaps you could let me know what you consider to be a failure test. The small candle as seen on the setup chart, for me, is not a failure test. I would have had to see the low of the 8th taken out on the 11th off the four hour chart to see a failure test. Instead, it put in a higher low.
    Be VERY careful with absolute comments such as “Can’t go any lower”. It certainly can.

    1. Hi Sd, thanks for your very insightful response. I realise now that I did not fully read and understand the comments you made on the setup chart. Once again thanks for your comments and I also learnt some new things form your response.

      You are welcome. You should however identify for yourself exactly what a failure test looks like and conditions for it. If you go to the four hour chart around your entry, if that higher low was not put in and we revisited the lows, there is a potential for a test. Why? Because on the four hour chart, you can easily see the momentum thrust lower that sets up the 2 day consolidation on the daily chart. That is the conditions and where you’d want to see it. Make sense?

      1. Sd- Thanks again for your response. I have always thought that a bullish/bearish pin bar is a failure test of lows/highs.

        Pin type bars can show up any place on the chart. It is what sets them up that makes the difference. Remember, we are not trading the candle…but what it means. As an example, if a chart makes a new high after a momentum run in price, pulls back shallow, runs resistance and price is rejected, that context gives weight to a pin type bar. If trading a daily pullback, the lower time frame may show an exhaustion thrust lower and then regain higher price via a pin type bar. That would be a failure test of lows in the context of a pullback on the higher time frame chart. It makes a good entry in that scenario.

  24. Your gbpusd setup this week was quite uncanny! Should have set my pending orders earlier

    Almost right to the pip before the pause. Entry from the four hour when price based right under resistance (wash rinse repeat)

  25. Hi SD, I had a good trade with the EURAUD. There was upward momentum and then a consolidation and a failure test of highs and I decided to go short on the pair. I am still in a trade right now and the pair has given 130 pips so far. I thought the failure test of highs was a good signal to go short. Was it a good idea to go for this trade? You did not post this pair.

    1. That was an EXCELLENT trade in my opinion even if it didn’t work out. Even better was your explanation behind the trade as it sounds like how I would describe it. I would add in that the breakout of that range that produced the large momentum candlestick pointed to a reversal. Why? Breakouts that fire from the bottom of the range right through the top of the range, does not make for a breakout that will hold. Good for you!

  26. Hi Sd – The NZDCAD continued from last week into this week and I also had a good trade. I tried to steer clear of the GBP crosses because there was too much talk about Brexit so I thought there would be too much volatility.

    I don’t concern myself too much with rumblings. It can become a rabbit hole as you start to consider everything that is going on in the world. Find the setups, trigger the setups, and manage the trades.

  27. Hi SD, Hope you are doing well. I had a good trade with the EURUSD. The pair broke out on the 4th and I am still in a short trade today 8 Feb morning. It was one of those pullback trades. You did not post this pair this week.

    I didn’t post the EURUSD for a few reasons and one being it is a messy chart – more range bound than anything. If you flip to the weekly chart, those spikes are not something I care to risk on. Glad it is working out for you.

  28. Hiya Shane, all took off on the 6th for some longs, didn’t it? I was late to the party ; need to monitor your setups more religiously!

    The ones that took of in the other direction, no triggers. The others ones, pending orders through four hour structure. I am adjusting stops on trades as mentioned earlier. Patience and trust is a virtue in trading.

    1. Absolutely. I’ll be using pending orders on your setups a lot more in future, and at the start of the week rather than monitoring. Sort of set and forget until triggered! I was off looking at other stuff this week so kicking myself.
      For any newbies reading these exchanges I’d urge you to read & understand Shane’s post on Scale and Trail – you really don’t need to do too much to make profits from these setups; just apply the learnings and don’t let greed blind you from the steady profits that will come (using the r:r 1-1 and trailing stop method on the second trade, as described).

      I use pending orders and usually off the four hour depending on the chart BUT it has to show some structure to trade off of. I don’t have an issue going in off the daily, just that the position size may be a little smaller do to the stop being a little larger due to the entry.

      Glad you like the scale and trail. Some will have an issue because there will be times you give back but on the flip side, when they run (and many times a year they do) the profits can be obscene. The scale at 1:1 is a pat on the back profit taking for a job well done!

  29. Many thanks for the awesome forex impactful insights through your free PA Course. I have a question though. I want to know whether I need to wait for the daily candle close at or near SR before scaling down to the 1 hour or smaller timeframe chart to hunt for signal or whether to wait for a signal to fully form on the daily chart before going to the lower timeframes to wait for signal at the same daily SR? Thanks a million for always being there for us.

    That is a good question. I use the four hour chart as my lowest simply because of market noise. You don’t have to wait for the daily to close (which may be at 5 est or midnight) but it would make sense to wait to drill down until the strongest trading sessions are done. I have seen candles look bullish only to close down on the day as the selling steps in close to the close.

  30. Hiya Shane, how’s it going? A tough couple of weeks to start the year but the same everywhere! Re the posts week commencing 3/02, there are a few of them which look like upside down head and shoulder patterns – which would endorse your long setups on these.

    It certainly is a challenging time in most pairs (the AUDCHF collapsed today) but I don’t think I have seen any that triggered an entry and then fell apart. I had a scale out on the AUDUSD last week and a no risk position and that ended today. I have three positions – long in sugar, long in GBPAUD, and a short in eurgbp
    The price structures are not great right now and momentum is stepping in to the opposite direction.
    To be honest, I don’t look for head and shoulders. Momentum, direction, pullbacks and breakouts (variations of them). Too much info for me was never a good thing.

  31. Happy new year and thank you much for the US/CAd trade setup. I am still short holding with 230 pips and taken some off for profit.s I only take the ones taht are really clear to me. You do a fine job thank you.

    Great to read this. Thank you.

  32. Hello, Happy new Year and thanks for your help. It’s possible for your you to tell us the daily trend for your pairs you gave us? this iformations will help us more. Thanks again and wishing you the success.

    That’s assuming I use the daily trend. 🙂 I could use a weekly trend or even a directional bias as opposed to trend bias. The information I put on the chart should be enough for you to know what the trend is I am trading. Shorting….means down trend/direction. Buying….uptrend/direction.

  33. Happy 2019. Hoping you have a great year.
    i used the failure test on the EN chart from the 4 hour chart like you wrote and my trail stop was above high of red bar after thrust down. I did not get all of the move but 208 pips one trade. Was that good you think? You are right because the other charts did not do to much.

    1. Hi Clarin and happy 2019 to you as well.
      The failure test certainly was aided by the momentum move from lows to break highs. Generally, especially a range, if price thrusts up from the bottom of the range (or lows in this case), the moves are often times short lived. This gives rise to the failure test (upthrust) and immediate reclaiming of lower price.
      The trailing stop is fine. If you go back to the daily chart, you will see a measured move of 1:1. Jan 3 high to low of Jan 7 projected from high of Jan 10 comes in around 1.6752. Good job!

  34. did you short the EURNZD and what was the outcome ??

    This blog is not a documentation of my own trading and rarely comment on any move I make in the market. I do post up from time to time trades where there is something to learn. My swing trade is currently a long in Natural gas since Thursday.

  35. You helped turn my tradin g around in 2018 after 4 years of hit and miss. I wish for you a best 2019 and blessings for your life. Thank you

    Hey Benny! Awesome to hear! You take all the credit my man, I just gave you a path.

  36. it is impossible to see the prices on your charts so how does one uses them ?

    It’s not the prices that are the most important thing. These are daily charts and it’s the action and market state we are looking at. Bring up your charts and look for the same type of pattern or chart formation. You can, if price is important to you, open in a new window and zoom in. You can compare yours to mine and see a relationship, no?

    1. Hey Bill
      Beginners may have an issue at first but you will quickly get the hang of it.
      Take the first chart, the AUDCHF: It is calling for shorting which would be selling the AUD and buying the CHF.
      In essence, I am looking for eventual AUD weakness against the strength of the CHF

      This site is much different than the others. I lay out my technical look at a currency pair, in the above case selling the AUD from a pullback in what is a downtrend on both the daily and weekly chart. Other context is in play but is far too much to go into here. You will see it on the charts at times and at the end of the week.

      I don’t think holding hands is a good approach. You have to find your way around the charts, how to enter and such…and this site is an excellent resource (so I am told).
      Not saying I am always right (I’m not) but my approach is different.

      Like I mentioned, it’s different. I remember months ago in this very comment section (some of you may remember), one visitor was mocking me for wanting to buy the EURUSD when “everyone” wanted to short. Didn’t take long before the “everyone” was on the wrong side and the EURO jumped upside.
      You can read about it here: https://forextradingstrategies4u.com/selection-comments/ and here https://forextradingstrategies4u.com/do-your-own-work/

  37. Thanks for your effort in educating us, this is one of the sites that I cherish alot because its fully loaded. My observation is that you have brought to bear those pairs that traders most times neglect or thinks that not much can be gained from. Thanks a million you are truly a Mentor

    Thanks. I don’t write many blog posts anymore because I think the weekly setup charts are much better.
    As for the charts, I actually look at non-US crosses first as they are not as affected by U.S. news. I make much more trading those as opposed to any USD cross.
    I look for pairs that are demonstrating moves that have a true edge in the market and the context it forms in. What I look for is truly evident in every chart I post.

  38. How do you select/filter the pairs for the week of trading? I’m working to minimize the amount of time on the weekends upon technical analysis.
    Thanks,
    J

    I know what I am looking for on the chart and have been doing it for well over a decade. Stick around or check the archives, you will see the same approach every week and the explanation of how price played out on the next update. Thanks for coming by!

    1. Thanks so much! I’ve already learned a lot from the site. J

      Thanks for saying it Juan! I am happy to hear from those who are getting something out of my work!

  39. Thank you for the signal…I will follow and see if they trigger or not….Also, I will like to see if the Trend reverse or it continues as suggested after the supposed PullBack…Once again, Thank you for posting.

    Thanks for reading. Well, it is not a supposed pullback, that is what price is doing. If momentum steps in to the upside or the pullback ends up in a range, the pullback has failed. The range can still be played but the momentum not so much. As for trend, you have to know which trend you are referring to and how you quantify trend.

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