There's plenty of room for price to move higher before
key resistance comes back in up near 1.2520 area, so we are again looking to buy this week.
If the market does move higher from this pin bar we see
key resistance coming in near 1.5830 — 1.5870 and any moves higher could be contained below that level in the near - term.
If the market does move higher from this pin bar we see
key resistance coming in near 1.5830 — 1.5870 and any moves higher could be contained below that level in the near - term.
In the chart below, we can see
key resistance coming in up near 1.2950, but we are really watching for a price action sell signal within that entire 8 and 21 day EMA resistance layer which is defined in the red rectangular box on the chart below:
Not exact matches
Notice, this was only a 1R profit with the reason being, there was a
key resistance level
coming into play before 2R would have been hit, so logic would dictate we exit ahead of the
key level rather than hoping and praying price breaks through it.
According to my scouting report Southampton have two
key injuries and they have stupidly suspended one of their players on their own volition.I thus expect less
resistance from them and 3 good points
come Tuesday
It's nice to get a pin bar or another price action signal at the boundary of trading ranges for extra «confirmation» of a trade, but because the boundaries of a trading range are so solid, we can also consider taking «blind entries» at them as price hits them, e.g. take a sell entry at a
resistance level of a trading range as price
comes back up to the
key resistance level, even if there is no price action signal there.
It will also make your life much easier when it
comes to drawing
key support and
resistance levels.
Key resistance is
coming in up near 110.00 area and this level could cause price to rotate significantly lower again if it tests it in the
coming days.
It is also much more user - friendly when it
comes to identifying
key support and
resistance levels.
The slow - grind higher we have seen in the SPI200 over the last couple weeks (following the previous aggressive sell - off) may be
coming to a halt after price ran into 5900
key resistance and pulled back from there Thursday into Friday.
It needs no wires, no charging and simply connects via the new connector on the iPad Pro.Its just 4 mm thin and provides a water and stain
resistance surface that
comes with 64
keys.
Coming to what is the
key selling point of this device, the Xperia M4 Aqua is well protected from the elements, courtesy of its IP68 rating for
resistance to dust and water.
In the case of the latest mid-range offering from Sony, that
key selling point
comes in the form of a signature Sony flagship feature, water
resistance.