Are we Seeing Shift In Value ? Price Action Basics

Update Chart of usd/chf Prior to European Open

I was unable to update the blog for last few days,then opportuniites were quite rare. But I have come up with another chart where I have seen Another Possible
"Shift In Value", in usd/chf chart. If You watch the chart closely, then there are multiple signs of buying at low levels after recent shift in value marked by Blue Rectangle.

After that We have seen some netural days and some passive seller move the price down but every-time we see that shift to the downside, buyers step in and move the price with strong demand again to the upside, And the Values is again shifted to upside and watch if the top is taken out, but as long as high is not taken out, we can see another failure But as Price is moving ahead with strong force we see of another test of hot-spot area which as it has done twice, and possible go beyond that area this time.

Moment I saw that chart today, I was wandering If an opportunity waiting on the sidelines and Is it would be worth to watch that price line today with Asian session could be crucial one And "Zew-Economic- Data" From Europe about to release later today and any strong deviation could really lift the price of Euro and its counterparts.

It is really worth it to take a lot at different setups when you trade "Supply and demand" with the help of past few days trading activity.

usd chf update basis on the recent price action

I have continously mentioned in my posts that we should look to find out "context" which is highly important in deciding the faith of a trader and the next predicted Move .

This type of trading give you an edge over other "mechanical systems" where the focus is totally shifted on any predetermined indicator's value.

The reason I have mentioned before putting an update is because pattern was repeated in "sterling" chart, I mentioned last time I update the blog. Sign of "strength" is always when we see "accumulation" at the lows and then we saw breakouts followed by protected levels.

but when we see continuous highs and and Price holding higher prices, the it is totally could be the case of "accumulation" on the moving markets and Friday we have seen buying at low levels as well.

Update of franc chart tells us another move could be strong

I have mentioned all the important factors in this chart, which could lead to strong moves and I have not mentioned any support because there is not a sign of strong liquiation and that is in itself a sign of extreme strength, but one should not see panic in the mind of traders otherwise that imbalance that has been created would disappear,

Little update on the chart as I discuss earlier , recent activity does tell us that price is still moving in the accumulation period and any strong selling here and momentum arrives again then we should fade that liquidation.

Check the update chart !

usd/chf update Are they really buying at low levels.

Here I got a clue of Usd/chf buying at low levels

Take a look at the chart !

Trading is an art , not a science and don't need to win anybody's heart by looking for trade locations as it will remain within you and your confidence level.

If you always look out for such neutral activities after the strong breakouts and low tempo then don't make a mistake of trend reversal untill price break the floor.