TradingView
TexasWrangler
Dec 14, 2013 1:43 AM

Price action on GBPAUD Long

British Pound/Australian DollarFXCM

Description

After the 2 "indecision" candles(days), then price move above on the next candle(day), that started this up trend, it appears the trend will continue. Looking at the last 2 candles(days), which have broken through resistance, they form an "inside" candle price action(when the 2nd candle(and wicks) is within the range(body & wicks) of the previous candle), which indicates a continued move in direction(which is up in this case). Happy trading!!!
More