DislikedYes, this was a good level to look for bullish PA once Price Broke Through and Close Above the Highest Close of Resistance at the 1.6325.
Price came back a didn't hold as Support and then PBT&CBelow. ..we would then look for this area to now act as Resistance. But Price was on a tear last week.
We can look at the lower time frames and see if there are other confluences and/or PA that fits into these levels.
You can see back at the beginning of the Month Price acted similarly at a similar level on the Daily. On the 4 hour, a BUOB formed at...Ignored
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- Mar 28, 2011 1:53am Mar 28, 2011 1:53am
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Indicators show the past. Price Action "Indicates" the future.
- #92,326
- Mar 28, 2011 2:14am Mar 28, 2011 2:14am
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Indicators show the past. Price Action "Indicates" the future.
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- Mar 28, 2011 2:16am Mar 28, 2011 2:16am
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Indicators show the past. Price Action "Indicates" the future.
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- Mar 28, 2011 2:20am Mar 28, 2011 2:20am
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Indicators show the past. Price Action "Indicates" the future.
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- Edited 3:13am Mar 28, 2011 2:41am | Edited 3:13am
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Indicators show the past. Price Action "Indicates" the future.
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- Edited 4:43am Mar 28, 2011 2:47am | Edited 4:43am
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Indicators show the past. Price Action "Indicates" the future.
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- Mar 28, 2011 2:54am Mar 28, 2011 2:54am
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Indicators show the past. Price Action "Indicates" the future.
- #92,334
- Mar 28, 2011 3:40am Mar 28, 2011 3:40am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Indicators show the past. Price Action "Indicates" the future.
- #92,335
- Mar 28, 2011 3:51am Mar 28, 2011 3:51am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Indicators show the past. Price Action "Indicates" the future.
- #92,337
- Mar 28, 2011 5:07am Mar 28, 2011 5:07am
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- Mar 28, 2011 5:17am Mar 28, 2011 5:17am
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