Forex Traders Factory

direction : Negative, three digit ; pressure : empty ; shadow : Negative, two digit

• Direction : Down
• Pressure force : No
  
• intersection line (direction X shadow) : Yes

Conclusion : the direction of trade showed a decrease (Down), with no pressure, but there is an intersection of the line (direction X shadow), so, be careful, reversal of the “trade direction” may occur, increased (Up)


Action : Search: the highest point for Sell New

View full post on GBP-JPY TODAY

direction : Negative, two digit ; pressure : empty ; shadow : Negative, three digit

• Direction : Down
• Pressure force : No
  
• intersection line (direction X shadow) : Yes

Conclusion : the direction of trade showed a decrease (Down), with no pressure, but there is an intersection of the line (direction X shadow), so, be careful, reversal of the “trade direction” may occur, increased (Up)


Action : Search: the highest point for Sell New

View full post on GBP-JPY TODAY

direction : Negative, two digit ; pressure : empty ; shadow : Positive, one digit

• Direction : Down
• Pressure force : No
• intersection line (direction X shadow) : No

Conclusion : the direction of trade showed a decrease (down), with no pressure, and there is no intersection of the line (direction X shadow), so, trade direction is still decreased (Down)


Action : Search: the highest point for Sell New

View full post on GBP-JPY TODAY

direction : Positive, two digit ; pressure : Negative, one digit ; shadow : Positive, two digit

• Direction : Up
• Pressure force : no
• intersection line (direction X shadow) : no

Conclusion : the direction of trade showed an increased (Up), with no (little negative) pressure, and there is no intersection of the line (direction X shadow), so, trade direction is still increased (Up)

Action : Search: the lowest point for Buy New

View full post on GBP-JPY TODAY

direction : Negative, two digit ; pressure : Negative, two digit ; shadow : Positive, two digit

• Direction : Down
• Pressure force : Yes (Down)
• intersection line (direction X shadow) : No

Conclusion : the direction of trade showed a decrease (down), with negative pressure (down), and there is no intersection of the line (direction X shadow), so, trade direction is still decreased (Down)


Action : Search: the highest point for Sell New

View full post on GBP-JPY TODAY