The following are the latest sharp reversals occurring after the prices formed strong contrarian candlestick reversal patterns, identified by the Candle Radar of the ActiveMacro and the ActiveFX scanners. Notice bullish RSI divergence on most reversal setups.
These are proactive, the end of day reversal signals – meaning you would be able to act on them starting from next morning’s open. Selected Alpha promotes proactive trading by ranking future reversal points before they occur.
- CADCHF surging after forming multi-candle reversal pattern made out of the daily Hammer, Doji, Torch – all combined into a daily Morning Star.
- Nikkei 225 index rising steadily after forming two consecutive daily Hammer Doji patterns:
- Brent crude oil under the bullish pressure after forming the daily Bullish Engulfing.
- ExxonMobil rose sharply after the price formed the daily Piercing Line, standing outside of the lower daily Bollinger Band- which is a also a Torch reversal.
- Boeing surged after forming daily Torch Doji reversal pattern – notice the accuracy of the pervious torch reversal signals ideal entry guide for option traders. Contact us for further details on option detail strategies.