The Methodology of Day & Time Price Action Analysis:
Maximize AUDUSD Break out Rally from Consolidation. A clear cut understanding of the market's behavioral pattern through price movement can best be describe in this chart figure. This is just a glimpse of an in-depth analysis of the AUDUSD as validated by the breakout price even before it occurred.
This is where price pattern and its behavior have been defined only to repeat its cycle well within its total number of days/ weeks couple with identifying similar chart patterns that provide a signal of where the next price action would take place. We are sharing this method of Day / Price Action Analysis combined with a few technical tools of candlestick formation.
On the Technical Perspective:
With reference to our July 14th market & price call the methods applied in analyzing the AUDUSD have been quite effective to say the least in obtaining a reasonable reward ration over the risk of loss in positioning when a candlestick formation of a morning star / long shadowed wick similar with a spinning top bar located on the lower band were established.
NOTE: It would make more sense to 'COMPARTMENTALIZE' DATA ON PRICE ACTION and have a better read & understanding of the real market sentiments and direction.
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