Utilizing the last 6 days of price action from 20 EMA and 200 EMA analysis. Price has dropped 280 pips in a downward direction from the last areas of retracement and accumulation 1.41700 and testing area 1.38600 of support labeled in green. Technical indicator reveals price action spread difference with 20 EMA, 200 EMA to helps confirm areas of interest break...
EURUSD 4 week chart analysis of price action You'll see a horizontal line of supply in red & demand in green on the 4-week chart prior April 30th. April 30 new releases should be considered when studying this chart. The following lines in red are retracing areas of interest filtered through a minimum of 90 or greater pip price action. Below that is a demand...
Accumulation and profit talking with 90 pip range from the open. 90 pip price range from the parallel accumulation range out to the profit taking phase of the market has an average of 90 pip move.
The USD/CHF chart in both 30 min and 5 min will paint a picture from 12/8/14 to 12/9/14 USD/CHF accumulation cycle during an uptrend in price action presented moments where Market Makers collect shorting/sell orders to later close in profit by transacting buy close orders. Accumulation phase lasted 9 hour with a uptrend price action of 35-40 pips following...
The USD/CHF chart in both 30 min and 5 min will paint a picture from 12/8/14 to 12/9/14 USD/CHF accumulation cycle during an uptrend in price action presented moments where Market Makers collect shorting/sell orders to later close in profit by transacting buy close orders. Accumulation phase lasted 9 hour with a uptrend price action of 35-40 pips following...
EUR/USD price accumulated between 1.23698 and 1.24061 and rose at 8:50 am EST. Many traders may have looked at 1.234061 as support area and placed long positions. Between 8:30 am to 8:50 am EUR/USD decline due to increased supply over demand causing many long positions stop loss triggers, which added more sells/ supply. As the market played out from 12:00 a.m to...