The AUDNZD is in a complicated situation...why this ?!?! The M chart is doing a RM within a bullish PB as indirected inversion and this a bullish information...BUT..the last M candle closed as an buyers exhaustion, meanwhile the W closed as bearish ...

Beyond the Candles

NZDSGD M-bearish exhaustion with the main trend after closing above the RM W-bullish PB...weak momentum beeing a PB by proxy and very weak to make a direct inversion D-bullish PB @BRN

Beyond the Candles

Hi Ink....amd welcome ! I post a chart of EURNZD in order to suggest that the P start going from S to R into dynamic RM...that means BULLISH ! I do not want to seem rough this is not my intention at all..but could you explain how the EMAs help you ...

Beyond the Candles

The EURNZD is in dynamic RM with the 1° buyers reaction at the S level

Beyond the Candles

Hi ponchofx.....from a technical point of view an IB has as 1°TG the higher / low of the previous candle / bar...and on USDCAD, this is was I meant: image Regarding GBPSGD....I fully agree with your analyse and you did a nice job seeing the ...

Beyond the Candles

The USDCAD is in a complicate situation...we have the W in bearish trend but at the M at the strong support level !..more then this...the M IB havs just reached its TG !

Beyond the Candles

This is how I see the USDJPY on long term

Beyond the Candles

Hi Mike I also look at EURNZD from this point of view :

james16 Chart Thread

Hi Thenew...and welcome to the thread ! You right ..the AUDCAD wants to put a buyers information to a very important level and I am expecting to see a RM forming betwen 1.0050 and 1.0320...but all this anlyse ( very important ! ) only with the M ...

Beyond the Candles

The hollydays are gone so now back to work ! This is how I see the the EURCAD in an overall picture :

Beyond the Candles

From 6.25.2014 to 7.16.2014 I will be out for the hollydays...I wish good trading all of you !

Beyond the Candles

Strong and clear levels....I am expecting to see a close above the 560.74 + RET+ buyer's confirmation in order to reach the identified TRGs....very important...I will put my plan in practice ONLY if the P will respect it !

Beyond the Candles

Hi Ajentha and welcome !...the best way to learn reading the P is putting some charts and discuss about it !

Beyond the Candles

RHI...Just take a closer look of where the P made RET after closing above the R levels with the bullish main trend !

Beyond the Candles

RF...last week the buyers closed above an important W level ( 10.62 )...so all we have to do is waiting for a RET on the level + buyers confirmation in order to push the P higher to 11.16 !

Beyond the Candles

Yes...but seeing that the trend is bullish with the close above the triangle, I would rather prefer a bearish exhaustion in order to buy with the main trend !

Beyond the Candles

Just a closer look of how important the high TF levels are...NZDUSD on W chart the P doesn't close above the R level..let's see it on D where we clearly notice how none of the candles close above the R:

Beyond the Candles

NZDJPY is in bullish trend...yes..the momentum is slowing down but still in strong bullish tren and we clearly see how the old box is acting as support for the next one !

james16 Chart Thread

[quote=Beertje;7535818] As I said the main TGs are thouse identified on higher TF, but the trade been triggered on D chart, I use to identify the first D TG in order to put my trade in safe giving me the space and mentally conditions to keep the ...

Beyond the Candles

[quote=msmarple;7529071] What a pleasure coincidence...are you looking over my shoulder ? ...here is something interesting and simple for someone who study the price !

Beyond the Candles