GBP/USD has a MASTER candle on daily chart. Master candle serves as interim support and resistance candle , which marks the important range. So until the Master candle is broken the pair is trapped ...
The Master candle breakout (blue highlight) happened exactly below 1223.48 and the price went to 1219 zone subsequently. This indicates a range play with continuation possibilities. Below 1219, ...
Looking at a weekly USDJPY chart, you will notice that we have embedded weekly Master Candles set up. For those of you unfamiliar with Master Candles, they are candles that engulf the next four ...
At this time we can see a Master Candle (MC) formed and a breakout above 1.2518 should spike the price towards 1.2560 and eventually 1.2600 zone. If a MC breaks lower below 1.2474 then it should ...
The Master candle breakout (blue highlight) happened exactly below 1223.48 and the price went to 1219 zone subsequently. This indicates a range play with The Master candle breakout (blue highlight) ...
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