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    Learning to read Price Action with P&F Charting

    thinking that we need to see if gold rallies a bit more 4hr data $4 box we area at approx 50% of the latest downmove/a prev supp also..light purple horizontal above there is a prev supp/light orange horizontal at 1224 area and trend res at 1232/red trendline so now we have a marker for...
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    Learning to read Price Action with P&F Charting

    whereeas the dow 10 minute has alot more order to the upmove horizontal res at 16260 area trend res at 16230 area/red trend supp and prev breakout point at 16170 area/green then 16110/aqua then 16050 horizontal/light purple and 15960 areas/yellow so..either we break higher or test the...
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    Learning to read Price Action with P&F Charting

    spx over the last week points to watch over the next few days trend res/red 1821 area horizontal res 1823 area prev breakout and trend supp/green and purple is 1810 area then 1800 aqua trendline then 1794 yellow so..we could break higher on low volume or test the supp/res areas lets...
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    Learning to read Price Action with P&F Charting

    eurusd 4 hour a test of trend and a bounce res is at 1.3730 area
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    Learning to read Price Action with P&F Charting

    gbpusd/cable 4 hour a test of trend in 1.6250 area/green trendline trend res/red at 1.6420 area 21 pips by 3 reversal hilo plot lets see what happens
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    Learning to read Price Action with P&F Charting

    a closer look at the latest down move on eurusd 30 min data support seems to be holding at 1.3650 area a bull test will come at 1.3700 area prev supp/aqua and trendline/red or..we break lower
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    Learning to read Price Action with P&F Charting

    a closer look on the 30 min box size is now $2 by 1 reversal close some wild stuff there green horizontal is where we took the swing trade..a bounce then sideways until we positioned for the fed.the orange/internal trend can track it
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    Learning to read Price Action with P&F Charting

    update since we took that short trade from the bull trap at 1251 some very ragged price action..the only thing of importance was the 1215 supp area/pink horizontal which provided some good opportunities that broke yesterday/fomc we track that thicker red downtrend line to see if it recoils...
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    Learning to read Price Action with P&F Charting

    eurusd update to our 4 hour chart in the 50% zone a real tender spot
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    Learning to read Price Action with P&F Charting

    60 min 30 cents box size do we break res or test supp ??
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    Learning to read Price Action with P&F Charting

    eurusd 4 hour at horizontal resistance the latest breakout from purple horizontal looks overstretched/a pole.The 50% area is marked at 1.3650 area.Orange horizontal So..we either break higher and take out that horizontal or we could retrace and test that 50% area
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    Learning to read Price Action with P&F Charting

    cable gbpusd 4 hour hit a brick wall we are watching the other side of the latest pattern to see if it breaks down and tests the downside prev breakout is 1.6200 area trend supp is 1.6155 area thinking that it is waiting for fomc on wednesday for the decision to either break up or down
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    Learning to read Price Action with P&F Charting

    update on that bull trap/new minor downtrend we were not sure what was going to happen and as we said we would look at the reaction at 1251 support..guess what..we got a new downtrend..that went back into the main supp area 15 min gold over the last week green horizontal is the breakout/rally...
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    Learning to read Price Action with P&F Charting

    if it breaks higher then we have 99.40 and 100 res if it brspot oil 60 min 22 cents by 1 reversal/close a bull trap...or a new minor downtrend trend res/red at 98.10 area horizontal supp/purple 97.20 and 96.80 areas trend supp at 96.40 area trend cluster at 96.14 area it really has to...
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    Learning to read Price Action with P&F Charting

    if it is a new minor downtrend then we need to see the reaction as it tests these trend supports 1251 down to 1246 areas 1245 area was a prev breakout point lets see
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    Learning to read Price Action with P&F Charting

    60 min data signal to go short ...or is it a trap ??
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    Learning to read Price Action with P&F Charting

    aussie dollar 60 min res could get taken out numbers are dates 35 pips by 1 reversal/close
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    Learning to read Price Action with P&F Charting

    that 30 min chart again we had 1232 res and now we hit 1264 res 1264-1272 will be a tough cookie bears will be watching the reaction in that area b/o points 1240 and 1248 area..so we could pullback and test the bulls lets see
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    Learning to read Price Action with P&F Charting

    short term 30 min data price is coiled up trend res at 1232 horizontal supp 1210 area/green
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