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Monday, October 28, 2024 Opening Rally on Moderate Volume: The session began with a strong upward movement on moderate volume, showing that buyers were eager but not yet fully committed. The price quickly rose to test a resistance level of around 153.00, which had acted as a ceiling previously. This moderate volume on the…
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Monday, October 28, 2024 Opening Action: The session began with a downtrend continuation, with moderate volume on the initial price bars. This opening indicated that sellers were still active, but without high or ultra-high volume, suggesting that the selling pressure was not overwhelming. Mid-Session Rally and Volume Spike: Midway through the session, there was…
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AUD/USD H4 Chart Analysis (Primary Trend) Trend and Phase Identification Wyckoff Events Volume Analysis Trading Implications on H4 AUD/USD H1 Chart Analysis (Mid-Level Trend Analysis) Trend and Phase Identification Wyckoff Events Volume Analysis Trading Implications on H1 AUD/USD M15 Chart Analysis (Entry Timing) Trend and Phase Identification Wyckoff Events for Entry Timing Volume Analysis…
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AUD/JPY H4 Chart Analysis (Primary Trend) Trend and Phase Identification Wyckoff Events Volume Analysis Trading Implications on H4 AUD/JPY H1 Chart Analysis (Mid-Level Trend Analysis) Trend and Phase Identification Wyckoff Events Volume Analysis Trading Implications on H1 AUD/JPY M15 Chart Analysis (Entry Timing) Trend and Phase Identification Wyckoff Events for Entry Timing Volume Analysis…
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USD/JPY H4 Chart Analysis (Primary Trend) Trend and Phase Identification The USD/JPY H4 chart shows a general upward trend, evident from early October. This upward trend could indicate a markup phase in Wyckoff’s terms, where prices are generally rising after what appears to be a prior accumulation phase in late August to early September.…