NZDUSD key zones:Demand: 0.69500, 0.71000Supply: 0.74500, 0.72500NZDUSD reached its yearly highest at 0.74600 on the 25th of February after which the price dropped to a support level at 0.71000. Price bounced higher before collapsing with a huge bearish candle to break the market structure into …
EURUSD key zones:Supply zones: 1.23500, 1.21500Demand zones: 1.20000, 1.17000EURUSD once again has failed to make a higher-high on the daily time frame. It closed the week on Friday with a large bearish candle failing to break through the resistance at 1.21500. EU rallied aggressively after it …
The outside bar is a reversal pattern that can be both bullish and bearish depending on how and where it is formed. When used correctly the outside bar can lead to explosive and highly profitable trades. In this post we go through exactly what an outside bar is and how you can use them in your …