{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/weekly-price-action-trade-ideas-25th-to-29nd-march-2019\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/weekly-price-action-trade-ideas-25th-to-29nd-march-2019\/","headline":"Weekly Price Action Trade Ideas \u2013 25th to 29nd March 2019","name":"Weekly Price Action Trade Ideas \u2013 25th to 29nd March 2019","description":"Weekly Price Action Trade Ideas \u2013 25th to 29nd March 2019 Markets Discussed in This Week\u2019s Trade Ideas: AUDCHF, NZDJPY, CADJPY and US500.   Note: We Use Correct \u2018New York Close 5 Day Charts\u2019 \u2013 You can read about why we use these and how to download the correct free charts at Correct Free New […]","datePublished":"2019-03-25","dateModified":"2019-08-05","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2019\/03\/CADJPYH4.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2019\/03\/CADJPYH4.png","height":627,"width":1200},"url":"https:\/\/forexschoolonline.com\/weekly-price-action-trade-ideas-25th-to-29nd-march-2019\/","about":["charts","Price Action Charts in Focus"],"wordCount":553,"articleBody":"Weekly Price Action Trade Ideas \u2013 25th to 29nd March 2019Markets Discussed in This Week\u2019s Trade Ideas: AUDCHF, NZDJPY, CADJPY and US500. Note: We Use Correct \u2018New York Close 5 Day Charts\u2019 \u2013 You can read about why we use these and how to download the correct free charts at Correct Free New York Close Demo Charts AUDCHF Daily ChartWatching for Break, Re-test and ReversalIn last week\u2019s price action trade ideas we were looking to see if price would make a move lower and take out the major daily support.Price in the last session begun to make a move through this level and whilst this has not been aggressive, we can now watch the intraday charts to see if price action will hold as a new price flip and old support \/ new resistance.Potential short trades could be hunted on smaller time frames at this level looking for A+ high probability triggers that confirm price is looking to reverse at this level.Daily Chart NZDJPY Daily ChartFalse Break Engulfing BarPrice on the NZDJPY daily chart made a large attempt at breaking out higher and through the daily resistance level in last week\u2019s trading.Instead of breaking out higher, price ended up forming a false break bearish engulfing bar and snapping back lower.A break higher could have seen price move out and away from the tight sideways box that it now finds itself stuck in. Near term support is not far away and looking to make trades whilst price stays within this tight range looks tricky.Daily Chart CADJPY Daily and 4 Hour ChartCan Price Slide Into New Resistance?At the end of last week price broke out and through the major daily support level aggressively to open up potential short trades.In recent week\u2019s we have seen price in this market make consecutive lower highs and now break a major support level looking to form a potential new short-term trend lower.If price can slide higher and back into the overhead resistance, traders could watch to see if it will hold as a new resistance and a potential area to target short trades.Daily Chart4 Hour Chart US500 Daily and 4 hour ChartsStill Uncertain at Major Daily LevelThis is a market we have been discussing a lot about in recent times as quite a lot has been happening on the charts.In last week\u2019s commentary we were looking to see if price would breakout higher and open the door for any bullish trades to get long.Whilst price did make a break higher, fire a quick re-test and form a 4 hour bullish engulfing bar sending price back higher, this move has been relatively short-lived.As shown on the daily chart below; price is now once again right back at the major daily level and making another test which looks to be crucial for where price goes in the coming sessions.Daily Chart4 Hour Chart Charts in Focus Note:\u00a0All views, discussions and posts in the \u2018charts in focus\u2019 are the view of Forex School Online and are not recommendations or trading advice. All posts are general in nature and are not advice to buy or sell. Please leave questions or comments in the comments section below; "}