Price action on the GBPCHF daily chart has moved into a major resistance level and is making a test to break through the level as I create this post for you now. Price has smashed higher in this past week with five consecutive higher closes on the daily chart, starting this move from the major …
As a price action trader we have a lot of tools in our kit to help us read the price action story and add 'ticks in the box' so to speak. Some add more weight to the story and are more important and give us more information than others, for example; if price is making a big false break of a daily …
Price on the daily EURUSD chart is now making a pull-back lower into the price action price flip level, after making a super strong and aggressive breakout last week inline with the recent momentum higher. This retrace lower is back into the old resistance and potential new support / price flip …