Price is now looking to try and move higher, potentially making a re-test of the price flip resistance level on the daily price action chart, after breaking the high of the inside bar. As the chart illustrates for you below, price paused and formed the inside bar after breaking out lower, through …
As I write this 'Charts in Focus Daily Summary' for you, price in the Oil v USD market is attempting to breakout higher and through a major daily resistance level. Price on the daily chart has been moving higher, creating a strong momentum and fresh upward trend. As my daily chart illustrates for …
On the daily price action chart of the Silver market, price has made a quick re-trace and re-test of the old support and new resistance price flip. This comes after price broke lower and closed below after yesterday's session. This is a high probability price action pattern that we discuss …