"Reversal from Descending Trend Line | Bearish Continuation Move | Learn Forex Trading with NinjaFx" - The News Peddler (2024)

This update discusses a reversal from a descending trend line and a breakout from a bearish correction in the 4-hour timeframe. It emphasizes that this information is for educational purposes only and was shared live with members. The author mentions being funded using the concepts they teach and encourages readers to join the NinjaFx membership and follow their personal trading plan to also get funded. They provide technical analysis and setups for over 20 currency pairs every week and offer a trading course with over 350 pages and nine chapters. They also offer technical assistance and provide trading and risk management plans to help traders become independent. The author highlights the importance of building trading knowledge and skills, learning to do individual trading analysis, and developing a trading plan and risk management plan. They invite readers to join the NinjaFx team by following the link in the bio/description.

"Reversal from Descending Trend Line | Bearish Continuation Move | Learn Forex Trading with NinjaFx" - The News Peddler (1)
reversed from a descending trend line and it broke out of a 4Hour bearish correction, price made a bearish continuation move as expected.

**This update is for educational purposes only, and it was shared live with members.


I have been funded using the concepts that I teach, join the NinjaFx membership and follow my personal trading plan to get funded too.
“Link in bio/description” @strade_ninjafx

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What do we provide?

1- Technical analysis/setups for +20 pairs every week.

2- Trading course “+350 pages/9 Chapters from basic up to the advanced level” 100% Made by us.

3- Technical assistance throughout your trading journey.

You will receive our trading plan as well as our risk management plan which will help you to become an independent trader in the near future.

What to expect:

1- Build your trading knowledge/skills by studying our trading course “+350 pages/+9 Chapters”

2- Learn how to do your own trading analysis in a short period of time after following our daily technical analysis/setups.

3- Work on your own trading plan/risk management plan.

4- We will be with you throughout your trading journey.

Join the NinjaFx team
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. *Please note that the above perspective is our view on the market, We do not take any responsibility for your own decisions.
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Breaking Out of a Bearish Correction

Join the NinjaFx Membership and Get Funded

What We Provide: Technical Analysis, Trading Course, and Assistance

What to Expect: Building Trading Knowledge and Skills

Disclaimer: Our Perspective on the Market

Breaking Out of a Bearish Correction

In the world of forex trading, it is essential to keep an eye on trend lines and corrections. Recently, there has been a significant development in the market, as a descending trend line has reversed. Traders have been closely monitoring this reversal, and it has resulted in a breakout from a 4-hour bearish correction. As expected, the price has made a bearish continuation move.

This update is for educational purposes only and was shared live with our members. We believe in sharing real-time information to help traders make informed decisions. If you want to learn and apply the concepts that have led to our success, we invite you to join the NinjaFx membership and follow our personal trading plan. By doing so, you too can have the opportunity to get funded.

Join the NinjaFx membership by clicking the link in our bio/description: @strade_ninjafx

Follow us on Instagram: @trading_ninjafx

What We Provide: Technical Analysis, Trading Course, and Assistance

At NinjaFx, we offer a range of services to support traders in their journey towards success.

1. Technical Analysis/Setups for Over 20 Pairs Weekly:
We provide comprehensive technical analysis and setups for more than 20 currency pairs every week. Our analysis is based on years of experience and proven strategies.

2. Trading Course Developed by Experts:
Our trading course is a valuable resource for both beginner and advanced traders. With over 350 pages and 9 chapters, it covers everything from the basics to advanced trading techniques. The course is 100% made by us, ensuring its quality and effectiveness.

3. Technical Assistance Throughout Your Trading Journey:
We understand that trading can be challenging, especially for beginners. That’s why we offer technical assistance to our members. We are here to answer your questions, provide guidance, and help you navigate the forex market.

By joining NinjaFx, you will receive our trading plan and risk management plan. These resources will empower you to become an independent trader in the near future.

What to Expect: Building Trading Knowledge and Skills

1. Build Your Trading Knowledge and Skills:
Our trading course, consisting of over 350 pages and 9 chapters, will help you enhance your trading knowledge and skills. We cover various topics, including technical analysis, risk management, and trading psychology. By studying our course, you’ll gain the necessary expertise to make informed trading decisions.

2. Learn to Perform Your Own Trading Analysis:
After following our daily technical analysis and setups, you will gradually learn how to perform your own analysis. We provide detailed analysis for various currency pairs, allowing you to observe and understand the market dynamics. With time, you’ll be able to analyze the market independently.

3. Develop Your Own Trading Plan and Risk Management Strategy:
As a trader, having a well-defined trading plan and risk management strategy is crucial. We will guide you in developing these plans, ensuring that you have a solid foundation for your trading journey. Our aim is to help you become a successful and independent trader.

4. Ongoing Support Throughout Your Trading Journey:
Trading can be a solitary endeavor, but with NinjaFx, you won’t be alone. We will be with you every step of the way, providing support, guidance, and assistance. Our goal is to help you achieve financial independence through forex trading.

Join the NinjaFx team by clicking the link in our bio/description: @strade_ninjafx

Disclaimer: Our Perspective on the Market

Finally, it is important to note that the above perspective represents our view on the market. We provide analysis and insights based on our experience and expertise. However, it is crucial to remember that trading involves risks, and the decision to enter or exit a trade is ultimately yours.

We do not take any responsibility for your trading decisions. Our aim is to educate and guide you, but the responsibility for your actions lies with you.

Stay informed, continue learning, and always trade responsibly.

#forextrader #forextrading #fxtrader #daytrading #forexprofit #millionairemindset #technicalanalysis #forexanalysis #elliottwave #priceaction #swingtrading #motivation #luxurylifestyle #stockmarket #millionaire #cash #fxsignals #successful #stocks #trading #investment #knowledge #forex #makemoney #motivated #wallstreet #scalping #financial #financialfreedom.

"Reversal from Descending Trend Line | Bearish Continuation Move | Learn Forex Trading with NinjaFx" - The News Peddler (2024)

FAQs

Which is the best trend reversal indicator for forex? ›

Best Technical Indicator for Trend Reversal

But Moving Averages, MACD, RSI, Bollinger Bands and Oscillators can be the best technical indicators for trend reversal.

What is the best reversal pattern? ›

  1. 1 Head and Shoulders. One of the most well-known and widely used reversal patterns is the head and shoulders. ...
  2. 2 Double Top and Double Bottom. ...
  3. 3 Rounding Top and Rounding Bottom. ...
  4. 4 Cup and Handle. ...
  5. 5 Reversal Candlestick Patterns. ...
  6. 6 Here's what else to consider.
Aug 10, 2023

What is the best time frame for reversals? ›

The daily chart time frame and 4 hour chart time frame are the best time frames for pin bar reversals and fakey reversals.

How to confirm reversal in forex? ›

A popular way to identify retracements is to use Fibonacci levels. For the most part, price retracements hang around the 38.2%, 50.0% and 61.8% Fibonacci retracement levels before continuing the overall trend. If the price goes beyond these levels, it may signal that a reversal is happening.

What is the most powerful indicator in forex? ›

Top 10 forex indicators for FX traders
  • Moving average (MA)
  • Bollinger Bands.
  • Average true range (ATR)
  • Moving average convergence/divergence (MACD)
  • Fibonacci retracements.
  • Relative strength index (RSI)
  • Pivot point.
  • Stochastic.

What is the most powerful reversal candlestick? ›

One of the most powerful candlestick reversal signals is the Kicker Signal. It produces a dramatic change in a price trend, illustrating a very strong reversal of investor sentiment. The sentiment has been kicked in the opposite direction.

Which stock pattern has the highest accuracy? ›

Head and Shoulders Pattern: The head and shoulders pattern is considered one of the most reliable chart patterns and is used to identify possible trend reversals.

Is reversal trading profitable? ›

If reversals were easy to spot, and to differentiate from noise or brief pullbacks, trading would be easy. But it isn't. Whether using price action or indicators, many false signals occur and sometimes reversals happen so quickly that traders aren't able to act quickly enough to avoid a large loss.

How long does a reversal take to reflect? ›

The time it takes to process a bank account reversal depends on the type of reversal: Authorization reversals: Can be settled in 2-4 days. Refunds: Can take longer due to shipping times. Chargebacks: Can take up to 90 days to resolve.

What is the key reversal day pattern? ›

Key Reversal Day

A one-day chart pattern where prices sharply reverse during a trend. In an uptrend, prices open to new highs and then close below the previous day's closing price. In a downtrend, prices open lower and then close higher.

What is the rule of reversal? ›

Putting yourself in the situation of the other person enables you to prepare and negotiate more effectively. Before any negotiation that involves a good deal of money or a large number of details, use the “lawyer's method” of reverse preparation.

Is reversal trading illegal? ›

Reversal trades are non-genuine as they are executed in the normal course of trading, leading to a false or misleading appearance of generating trading volumes, the regulator said. The nine entities penalised in the latest orders were among those responsible for executing reversal trades.

How to trade trend reversal? ›

The direction of a moving average indicates the current market trend. A moving average pointing higher indicates an uptrend, and a downward trend is when the moving average direction is lower. A trend reversal trading strategy would enter a short position (sell) in an uptrend and a long position (buy) in a downtrend.

How can you tell a pullback from a reversal? ›

The price falls below the trendline and makes a lower low as it drops. The asset makes pullbacks but continues in the downward trend. Once the price begins to make higher highs and lows again, it will signal a reversal to the upside.

Which is better MACD or RSI? ›

When it comes to strengths and weaknesses, MACD is a momentum indicator that is better at identifying trend reversals. On the other hand, RSI is better at identifying overbought or oversold conditions. However, combining both indicators can provide a more comprehensive view of the market.

What is the best indicator for trend reversal in TradingView? ›

You can detect trend reversal with candlesticks. It's MTF compatible and can display up to 2 sets of 5 candles of any time frame on the right side of the chart.

What is the most used trend indicator? ›

Popular trend indicators include the Bollinger Band, MACD, Relative Strength Index, On-Balance Volume (OBV) and the Parabolic SAR. Each trend indicator analyses prior asset data to forecast future pricing movements.

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