What happens when support and resistance levels trade places? This article looks at how traders can use prior action to find actionable levels to work with. What happens when support and resistance levels trade places? This article looks at how traders can use prior...
In triangle formations, this is a level that’s expected to be broken with enough persistence from buyers (for resistance) or sellers (for support). In triangle formations, this is a level that’s expected to be broken with enough persistence from buyers (for...
There’s a litany of candlestick formations that traders can look for but few carry the potential of the engulfing candlestick. There’s a litany of candlestick formations that traders can look for but few carry the potential of the engulfing candlestick. Trading...
Gold prices are grasping to keep grip of support at the 1700 handle. Two-year-lows are nearby and vulnerable – will Gold bears take their swing now or wait til after a retracement? Gold prices are grasping to keep grip of support at the 1700 handle....
Gold prices have slid to 10-month lows and this week brings CPI out of the United States. Can sellers force another break to the $1680 level? Gold prices have slid to 10-month lows and this week brings CPI out of the United States. Can sellers force another break to...
The Euro has had a very bearish start to Q3 and there’s been nary a stall or pullback in the move so far, setting up a troubling picture around the Euro-Zone as inflation remains above 8%. The Euro has had a very bearish start to Q3 and there’s been nary a...
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