Stratégie

Les lignes de tendances sont certainement la forme la plus répandue d’analyse technique dans le
trading du Forex. Elles sont également très sous-estimées dans l’apprentissage du forex.
Si elles sont tracées correctement, elles peuvent s’avérer aussi précises qu’une autre méthode.
Malheureusement, la plupart des traders sur le Forex ne savent pas les dessiner convenablement ou
essaient de forcer le marché à correspondre à leur tracé.
Dans leur conception la plus basique, une ligne de tendance haussière se trace depuis le dernier
bas le long de vagues correctives représentant des zones de supports. Pour une tendance
baissière, la ligne de tendance se dessine à partir de sommets correctifs correspondant à des zones
de résistances.

Comment trace-t-on des lignes de tendance ?

Pour tracer des lignes de tendance correctement, il vous suffit de localiser deux sommets ou creux
correctifs majeurs puis :
● Connectez-les.
● Quoi d’autre ?
● Rien de plus.
● Rien de plus ?
● Oui, c’est aussi simple que ça.
Voici des lignes de tendance en action ! Observez bien ces vagues !
Types de tendances
Il existe trois types de tendances :
1. haussière (creux correctifs ascendants) ;
2. baissière (sommets correctifs descendants) ;
3. horizontale (ranging) ;
Voici quelques éléments importants à mémoriser lors de l’utilisation des lignes de tendances dans le
trading du Forex :
● Il faut au moins deux sommets et creux pour tracer une ligne de tendance valide mais il en
faut trois pour confirmer la tendance.
● Plus la ligne de tendance est ABRUPTE, moins elle est fiable et susceptible d’être “cassée”.
● Tout comme les zones de supports et de résistances, les lignes de tendances se fortifient si
elles résistent à plusieurs « tests ».
● Et le plus important, ne dessinez jamais des lignes de tendances en forçant le marché à leur
correspondre. Si elles ne correspondent pas, c’est que la tendance n’est pas valide !
Pour rester dans l’anayse du forex, il est important de s’intéresser aux supports et résistances.
One of the most powerful ways to use price action trading strategies is as reversal signals in a
market. Price action signals can often tip a trader off to an impending reversal (change of direction)
in price. These price action reversal strategies often provide accurate entries into a trending
market, range-bound market or even counter-trend, and they also often provide good risk to reward
potential.
Here’s an example of a counter-trend pin bar reversal signal followed by a pin bar reversal (double
pins) with the overall market trend…

From the above example, it’s clear you can use price action reversal signals as counter-trend
entries, as in the example on the left, or as entries with the trend, as we see from the pin bars on
the right side of the above image.
Many traders make the mistake of assuming that a ‘reversal signal’ is only counter-trend. But that’s
not the case at all. Trends ebb and flow, they retrace back to levels, and when they do this we can
look for price action reversal signals forming at these levels to trade back in-line with the dominant /
overall daily / weekly chart trends.
How to trade price action reversal signals with the trend
When there’s a clear existing trend in a market, we can look for price action reversal signals
following a retrace back to a level within that trend.
Often, traders mistake a normal retrace within a trend as a trend change. It’s good to remember that
trends can go on for quite some time with many retraces ‘back to value’ or support / resistance,
before the trend ends. The general rule of thumb is to trade with the daily chart trend until the price
action clearly tells you it has ended. Don’t try to pick tops and bottoms as this is generally a loser’s
game, especially if you’re new or relatively new to trading. Instead, when a market has been
trending and starts to retrace, begin watching key support and resistance levels for potential price
action reversal strategies to rejoin the trend from a high-probability point.
In the example below, we see a clear uptrend was in place and then price retraced back to a support
level where it formed a fakey pin bar combo reversal signal which gave us a nice opportunity to re-
enter the uptrend from ‘value’ or support.

The next chart we are looking at it shows an example of trading a pin bar inside bar combo signal as
a reversal signal with the trend.
Note that price was clearly in an uptrend, then it retraced back to a swing level of support within the
trend, followed by the formation of a pin bar and two inside bars within that pin. Since price began
pushing higher from this price action pattern, after a retrace lower, we call it a reversal signal, since
it caused price to reverse from the retrace lower back into the uptrend…
The chart below shows an example of using an inside bar price action signal as a reversal signal
with the dominant daily chart trend.
Note, the trend was clearly up and then price retraced back to a short-term support level within the
trend and formed an inside bar which ‘reversed’ that retrace lower and kicked off another push
higher within the broader daily chart up trend…
How to trade price action reversal signals with the trend counter-trend
Price action reversal patterns can be used counter-trend as well. Whilst it is a bit more advanced to
trade counter-trend, there are some simple things you can look for to put the odds in your favor
when trading against a trend…
The main thing to look for when considering a counter-trend reversal signal is if it has formed at a
key level of resistance or support. If it has, and the reversal signal is clearly rejecting or better yet,
false breaking above or below that level, it’s typically a good potential counter-trend price action
reversal signal.
Let’s have a look at some examples…
The chart below shows us a clear example of a good counter-trend price action reversal signal. This
was a bearish pin bar sell signal that formed at a key chart level of resistance. It’s these types of
reversal signals, especially those on the daily chart time frame that have formed at a key level that
can really set off a strong move in the opposite direction sometimes…

The next chart below, shows an example of a counter-trend fakey reversal sell signal that formed at
a key chart level of resistance. Note the similarities between this price action reversal signal and the
previous pin bar reversal above. Both had obvious false-breaks of a key daily chart level and the
tails on the bars were clearly protruding beyond the levels showing a forceful reversal / rejection
took place…
Tips on Trading Price Action Reversal Strategies
● Price action reversals are a ‘versatile’ price action setup; they can be traded with trends,
against trends or in trading ranges.
● The daily chart time frame and 4 hour chart time frame are the best time frames for pin bar
reversals and fakey reversals.
● Price action reversal signals can often mark important turning points in market or even trend
changes.
● When trading price action reversal with a trend, they will usually form following a retrace back
to ‘value’, i.e., support or resistance levels or areas.
I hope you’ve enjoyed this price action reversal strategies tutorial. For more information on trading
price action reversal signals and other price action patterns,
What is support and resistance?
Support and resistance levels are horizontal price levels that typically connect price bar highs to
other price bar highs or lows to lows, forming horizontal levels on a price chart.
A support or resistance level is formed when a market’s price action reverses and changes
direction, leaving behind a peak or trough (swing point) in the market. Support and resistance levels
can carve out trading ranges like we see in the chart below and they also can be seen in trending
markets as a market retraces and leaves behind swing points.
Price will often respect these support and resistance levels, in other words, they tend to contain
price movement, until of course price breaks through them.
In the chart below, we see an example of support and resistance levels containing price within a
trading range. A trading range is simply an area of price contained between parallel support and
resistance levels like we see below (price oscillates between the support and resistance levels in a
trading range).
Note that in the chart below, price eventually broke up and out of the trading range, moving above
the resistance level, then when it came back down and tested the old resistance level, it then held
price and acted as support…
The other primary way support and resistance levels are created in a market, is from swing points in
a trend.
As a market trends, it retraces back on the trend and this retracement leaves a ‘swing point’ in the
market, which in an uptrend looks like a peak and a downtrend looks like a trough.
In an uptrend, the old peaks will tend to act as support after price breaks up past them and then
retraces back down to test them. In a downtrend, the opposite is true; the old troughs will tend to
act as resistance after price breaks down through them and then retraces back up to test them.
Here’s an example of a market testing previous swing points (support) in a downtrend, note that as
the market comes back to test the old support, the level then behaves as ‘new’ resistance and will
very often hold price. It’s wise to look for an entry point into a trend as it comes back and tests
these previous swing points (see pin bar sell signal in chart below), because it’s at these levels that
the trend is most likely to resume, creating a low-risk / high-reward potential:
How to trade price action signals from support and resistance levels
Support and resistance levels are a price action trader’s ‘best friend’. When a price action entry
signal forms at a key level of support or resistance, it can be a high-probability entry scenario. The
key level gives you a ‘barrier’ to place your stop loss beyond and since it has a strong chance of
being a turning point in the market, there’s usually a good risk reward ratio formed at key levels of
support and resistance in a market.
The price action entry signal, such as a pin bar signal or other, provides us with some ‘confirmation’
that price may indeed move away from the key level of support or resistance.
In the example chart below, we see a key level of resistance and a bearish fakey strategy that
formed at it. Since this fakey showed such aggressive reversal and a false-break of the key
resistance, there was a high-probability that price would continue lower following the signal…
The next example chart shows us how to trade price action from a support level in an uptrend. Note
that once we got a clear pin bar buy signal, actually two pin bar signals in this case, the uptrend was
ready to resume and pushed significantly higher from the key support level.
The next chart example show us how sometimes in trending markets a previous swing level will act
as a new support or resistance level and provide a good level to focus our attention on for price
action entry signals.
In this case, the trend was up and a previous swing high in the uptrend eventually ‘flipped’ into a
support level after price broke up above it. We can see that when price came back to retest that
level the second time, it formed a nice pin bar entry signal to buy the market and re-enter the
uptrend from a confluent level in the market.
Finally, the last chart we are looking at is an interesting one. Note the swing low that occurred in the
down trend on the left side of the chart. You can see how this level stayed relevant months later,
even after the trend changed from down to up. It first acted as a resistance level after price broke
down through it, but once that resistance was broken, we had an uptrend form and then after that,
that same level acted as support, and that’s where we see the fakey pin bar combo signal in the
chart below:
Tips on Support and Resistance
● Don’t get too carried away with trying to draw every little level on your charts. Aim to find the
key daily chart levels, like we showed in the examples above, as these are the most important
ones.
● The horizontal lines of support or resistance that you draw won’t always touch the ‘exact’
high or low of the bars it connects. Sometimes, it’s OK if the line connects bars slightly down
from the high or up from the low. The important thing to realize is that this is not an exact
science, instead it is both a skill and an art that you’ll improve at through training, experience
and time.
● When in doubt about whether to take a particular price action entry signal or not, ask yourself
if it’s at a key level of support or resistance. If it’s not at a key level of support or resistance, it
might be better to pass on the signal.
 ● A price trading strategy, such as a pin bar, fakey, or inside bar strategy has a significantly
better chance of working out if it forms from a confluent level of support or resistance in a
market.
I hope you’ve enjoyed this support and resistance trading tutorial. For more information on trading
price action from support and resistance levels, click here