The USDSGD has moved lower and into the near term support level after firing off a bearish 2 bar reversal trigger signal. The bearish 2 bar reversal was formed up at the high rejecting a major daily resistance level as both charts show below; After moving higher up and into the daily resistance …
Price Action Charts in Focus
First Test of Resistance Could Present Potential Short Trades in the Platinum Market | 4 Dec 15
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 …
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 …
