Price on the daily chart of the USDSGD has broken through a key daily support level and importantly closed below. This support level could now look to become an important price flip level and a new resistance should price move back higher and to look make a re-test. As I have just outlined in the …
Price Flip: Old Support / New Resistance Strategy
Price Flip: Old Support / New Resistance Strategy The First Test Support/First Test Resistance or FTS/FTR is a super powerful trading strategy to get price action traders into high probability trades when done correctly. As I am about go through in this lesson; when taking reversal trades, it is …
Huge Price Action Pin Bar Fired Off on NOKJPY | 4th July 14
The daily chart of the NOKJPY has fired off a huge price action pin bar. This pin bar is a massive pin bar that is sticking out and away from all other price and is down at the swing low. Before forming this pin bar, price had started to wind up and had paused on the daily chart before price then …
