The Silver v Euro or the XAGEUR has formed a Double Inside Bar setup with two inside bars one after the other on the daily price action chart. As I have shown on the zoomed in daily chart below; an inside bar is formed when price is fully contained within the previous candle. An inside bar is …
NZDUSD Attempting to Break Major Price Flip Resistance on Daily Chart | 24 Mar 2015
The NZDUSD has just broken and most crucially closed above a major price flip resistance area on the daily price action chart. A lot of times with these really major price flip levels, prices will on the first attempt try and make a breakthrough, but will not be able to close either higher or lower …
Recap ~ The GBPCHF Retraces For Traders To Pounce on Short Trades | 20th Mar 2015
The GBPCHF has now made a fresh move lower after rejecting the key daily price flip resistance. After making a strong break of the daily support area, price moved lower before snapping back to test the old support and new price flip resistance. To recap what happened; after I posted on the 18th …
