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    Learning to read Price Action with P&F Charting

    fb 60 min we can see supp and res to that main trend 27 cents by 3 reversal hilo plot 49.20 res area 47..00 trend supp 47.50 area ..prev breakout point some people are calling a top...lets see what happens
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    Learning to read Price Action with P&F Charting

    facebook 4 hour data some trends prev breakout point marked 70 cents by 1 reversal hilo
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    Learning to read Price Action with P&F Charting

    cable daily freakin out
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    Learning to read Price Action with P&F Charting

    eurusd daily shows the trends since 5th may new leader goin to the moon ??
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    Learning to read Price Action with P&F Charting

    4 hour we have hit a previous breakout point possibly in a big support area now...lets see if it holds
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    Learning to read Price Action with P&F Charting

    spot gold 5 min since fomc at a previous breakout point trend test at 1338 area
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    Learning to read Price Action with P&F Charting

    spx 15 min do we break higher or do we test the trend ??
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    Learning to read Price Action with P&F Charting

    gold 4 hour build up to fomc
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    Learning to read Price Action with P&F Charting

    gold etf gld 60 min shows the price action very clearly uptrend retrace price now testing support area trend support now and soon previous horizontal support
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    Learning to read Price Action with P&F Charting

    30 min data strong downtrend yesterday
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    Learning to read Price Action with P&F Charting

    gold 60 min trend test
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    Learning to read Price Action with P&F Charting

    a look into next week spot oil 5 min data shows the trend/up that started on sept2 2 phases 1.green supp line 2.a new trend that started on sept 5th so..either we break res/red or we test support 1.horizontal supports.you can pick these up from a candle chart 2.trend supp aqua/purple...
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    Learning to read Price Action with P&F Charting

    a look at the whole upmove in spotgold 4 hour data $5 box the move started on 28 june a trend test on friday/nfp..this does not show completely on this chart as it plots 4 hour close.that area is horizontal white line.there is a previous breakout point /yellow at 1345 area trend res /purple...
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    Learning to read Price Action with P&F Charting

    yeah....but going into nfp watch that support to break ?? 4 hour data supp is in at 1.3090- 1.3120/green then there horizontal supp/purple in 1.3020 area trend still up..but needs to stay above 1.3000 lets see what happens
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    Learning to read Price Action with P&F Charting

    ok..so we had 1380 supp and 1413 res these were both tested 1380 broke today so we change the reversal to locate the next supp see the aqua line/horizontal supp.. at 1359 area...previous..not been hit as yet 1380 supp should act as a decent res above there is some trend res also at 1390...
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    Learning to read Price Action with P&F Charting

    ammo..here is the bigger picture looks a little bearish trend test is at 1600 area
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    Learning to read Price Action with P&F Charting

    my own thoughts on the last chart price is in an uptrend from 24 june but now in a minor downtrend so...we can only tell what is happening by reactions in certain areas 1.green trendline test..1620 area prev breakout area 1624/aqua test of res..if it bounces at at1656 area/red then purple...
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    Learning to read Price Action with P&F Charting

    hi Ammo good to hear from you a happy labour day to all 500k hits on this thread so far this is a better chart of spx
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