This morning my phone went crazy with Battle Station alerts as there was a pretty big shift in direction during last session’s price action.

The USD has been climbing to the stratosphere the last week or so, but finally last session we got signs of a reversal occurring.

AUDUSD above moved into a larger structure support here, which has been holding very strong.

Last time the market test this structure we got a nice Bullish Reversal Signal that worked out nicely.

NZDUSD also dropped a Bullish Reversal signal which has a lot of bullish presence on the chart at first glance.

The bullish reversal signal sits at the bottom of a large ‘water fall’ down move, signalling it’s potentially time for a recovery rally here.

Price is also sitting fairly extended away from the mean, which is also a precursor for a reversal move.

I am going to try grab a retracement entry on these pairs. There is also a reversal signal off a weekly level on the cross pair of AUDNZD.

So many signals across the board the day, just take your pick.

I get flooded with questions about my Battle Station initiator – which is the tools that pushes these awesome alerts to your phone.

If you want to learn more about that, you can do so here: https://www.theforexguy.com/candlestick-indicator-for-mt4/

I have released a new version which is more advanced than what is shown on the page link above. I haven’t gotten around to updating it yet.

Best of luck on the charts guys.