Price is looking to make a potential first test of a major resistance level on the daily price action chart in the platinum market as I write this for you. Over the last few four hour sessions price has been rocketing higher with strong bullish candles that have closed clearly bullish up towards the …
Price Action Charts in Focus
Can the USDCHF Breakout and Importantly HOLD Out? | 26th Nov 2015
The USDCHF is as I am writing this making an attempt to try and breakout higher through a major daily resistance level. As you can see from the zoomed out chart below; this level is a major daily resistance level that price has respected in the past. Price over the last week has made two attempts …
AUDCHF Fires Off Price Action Inside Bar on Daily Chart | 24th Nov 2015
Price on the AUDCHF has fired off an inside bar = IB that is sitting just above a major support level on the daily price action chart. This inside bar is rejecting almost to the pip the daily price flip level. As you can see on both charts below; the low of the inside bar is testing the high of the …
