Following the backtest of EMA price action as I mentioned in my previous post Recent pair to watch usd/Jpy.
Price is being strongly supported by EMA 72 and 20, & Price action occurs only when we see a break of yeaterday’s high & that can happen at today US Market open.
PA will be strong break with outside pattern and retest of the broken area or EMA.
Check the chart.
Related Posts
Institutional Traders Left shoulder price action -How to trade Head & Shoulders pattern
Forex head & shoulder patterns > As I’ve already mentioned that most of the price action patterns failed because all of are probably based on fibo ratios,…
Bitcoin Price Prediction and cryptocurrency news that will drive the price of Bitcoin
Bitcoin Price Prediction I would like to alert my Blog readers about the advancement in price of bitcoin. Bitcoin is always in news & U.S is planning…
Time to Revive the Forex Education Stop hunting process
Forex Price Action with Stop hunting process As all of you know that Forex is a place where there are enough orders to execute the facilitation &…
Is this market really fundamentally driven ?
I’ve seen market takes turn based on what big players are focusing. Federation and Trump & OPEC, people with big guns turns the market at will. How…
Usd Franc Upate Possibly eyeing 0.9931 source of the origin for the next leg down
Check The Usd/chf chart here
Forex patterns & principles to profit from Market
Patterns To Profits Webinar where the attendees heard how Coach’s Corner partner, Darko Ali, completely transformed his trading since becoming a pure pattern trader. He is now…