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 …
Price Action Charts in Focus
NZDCAD Flies Through Key Resistance For Potential Re-test Trade Setup | 23rd July 2015
The NZDCAD has flown up and above a major daily resistance level that had been containing price for the previous 12 days. As the two daily charts show below; both zoomed out and in, this key level is of major significance to price and now the price has broken through, it could become a 'price flip' …
GBPNZD Moves Into 50% Fibonacci Level Within Strong Trend | 21 July 2015
The GBPNZD has moved lower and now may make a move into the 50% Fibonacci retrace level inline with the super strong up-trend that has been raging higher in recent times. This strong trend has been pushing price higher and higher and has been creating higher highs and higher lows as is shown on the …
