Price_Action_Coach

Price_Action_Coach

We know for the market to go up, it first needs to go down. The bouces are carefully drawn from the previous areas of support and resistance. The market will not follow my lines. It is just a graphical representation of how we can expect the market to move and where to take advantage of the moves. My content is purely educational, please do your own analysis...

Price_Action_Coach

We are looking at a possible double top reversal pattern on a daily timeframe in a downtrend. The break and retest of the neckline will confirm the downward momentum of the pair. It is pure price action. Let the followers of the trend do as the price instructs them

Price_Action_Coach

Wait for others to take profit. The price retraces and the trend continues. The positional traders are in for a very long time .

Price_Action_Coach

Moves like a tortoise with a clear direction.

Price_Action_Coach

Follow the price. We are in a reversal point from uptrend to downtrend. The last trend lasted for six months tops. Let the followers of the trend do what the price action tells them to.

Price_Action_Coach

Back to basics. You follow the price and all it's action. we are looking at a simple breakout and retest in a downtrend.

Price_Action_Coach

The pair EURGBP has been rejected at a strong resistance that was established in October 2016. The other traders will be looking at that important resistance to make portfolio changing decisions.

Price_Action_Coach

The price is retesting the broken support and it could continue going down

Price_Action_Coach

The pair has tested the resistance on the monthly time frame. we will look out for confirmation reversal on the lower time frames.

Price_Action_Coach

Buy support and sell resistance. It is a basic rule of trading, you need not forget about the Euro strength in the past weeks.

Price_Action_Coach Updated 

Weak dollar, safe haven

Price_Action_Coach Updated 

There is a possible formation of the double top. We could see the market ranging in the coming weeks. beware of the level 125.000

Price_Action_Coach

This currency pair has been trapped in this descending channel for a very long time. Follow the trend and be happy

Price_Action_Coach

Traders will be selling the British Pounds soon

Price_Action_Coach

Other than the weakness in the dollar I see price action confirming that we are in a down trend.

Price_Action_Coach

Supply and demand. Not a trading advice but rather for educational purposes

Price_Action_Coach

We have a descending chanel. the downtrend is strong. we ride with our best friend, the Trend. This is not a trading advice. It is for educational purposes.

Price_Action_Coach

Okay. We are above the monthly resistance and we just bounced off the monthly trendline. Everything screams buy and we hate it when the market shouts. This is not a finacial advice but a market analysis lesson, trading is a risky sport you can lose your capital like this.