• Indicator seems to "predict" big reversals in price, need help about its utilization.

Posted: **Mon Jun 08, 2020 9:54 pm**

lainIwakura999 wrote: Thu Jun 04, 2020 10:35 am

Ok, I am looking for a posible retracement/down wave on EURJPY, take a look at this. You can definitely see a consistency in this "diamond shape" patterns as I call, and the market does either a retracement or a big reversal afterwards, I know it can be a bit confusing to see at first but you will get accustomed to it. I trade waves so the last week I have been expecting a down wave on the euros, took a short on eurgbp and eurcad already, around 120 pips each.

From my observations, this indicator needs a good indicator for confirmation

Posted: **Mon Jun 29, 2020 1:57 am**

Eurgbp is a sell according to the indicator and a filter am testing

Posted: **Sat Aug 01, 2020 11:46 pm**

Lately there has been so many false signals, what do you say about that?

Indicator seems to "predict" big reversals in price, need help about its utilization.

Re: Indicator seems to "predict" big reversals in price, need help about its utilization.

Re: Indicator seems to "predict" big reversals in price, need help about its utilization.

Re: Indicator seems to "predict" big reversals in price, need help about its utilization.