Tag Archives: John Carter

The AUDUSD W Reversal

One of the interesting currency setups over the last few days has been the potential ‘W’ Bollinger reversal that has been building on the AUDUSD. In these you are looking for a trough outside the Bollinger Bands and a subsequent trough developing within the Bollinger Bands. As you can imagine this is an attempt to isolate instruments that are seeing a cooling in the direction of the trend. Continue reading

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