Price on two separate stock indices markets formed two bar reversals that I am going to recap and look at what we can learn from them in today's Forex Trade Setups Commentary. FTSE 100 Daily The FTSE or UK100 formed a large 2 bar reversal that I posted up live as it was forming on the 28th July …
False Break 2 Bar Reversal Fired Off on Spain 35 Index Daily Chart | 29th Jul 15
Price on the daily price action chart of the Spain 35 (SPA35) has fired off a false break 2 bar reversal that is rejecting a major daily support level within an overall sideways range. This 2 bar reversal is sticking out and away from all other price and is down at a swing low which is super …
FTSE Rejecting Major Price Action Demand Area on Daily Chart | 28th July 2015
The UK 100 or what is better known around the world as the FTSE is rejecting a major daily demand level with price potentially forming a bullish 2 bar reversal in the process. Price has been caught in very sideways trading of late in this market and whilst in the very recent times price has made …
