BAR REPLAY - 20JUN16

BIG PICTURE

• OVERALL TREND IS UP. PRICES HAVE BEEN RANGING BETWEEN 8100 AND 8200 FOR THE PAST 5 TRADING DAYS. 8150 IS ACTING AS FLIP. 8100 HAS HELD AS STRONG SUPPORT.
• PREVIOUS DAY DAILY CANDLE IS IN DECLINE MODE. 

TRADING DAY

• 09:43 - PRICES OPENED BELOW PDL AND NEAR BRN 8100 AND WENT UP SHARPLY ABOVE PDL, RN AND PDC. BIAS IS BULLISH. TO GO LONG ABOVE 8184 AT PREVIOUS DAY'S LAST IMPULSE HIGH.
• 09:49 - TRADE FILLED. E- 8184. ISL-8164. TP-?
• 10:00 - SL MOVED TO 8195.
• 10:22 - PRICES HAVE ALREADY TRAVELED 100 POINTS AND HAVE HALTED AT PAST S/R 8220. TP AT BRN 8200.
• 10:43 - TRADE CLOSED. POINTS- +16
• 11:44 - BUYERS ARE GAINING MOMENTUM AGAIN, PRICES CLOSED ABOVE PDH AND VOLUMES ARE GAINING. TO GO LONG BPB OF PDH.
• 11:52 - TRADE FILLED. E-8224, ISL-8210.
• 12:14 - MOVING ISL TO 8216.
• 12:31 - MOVING ISL NEAR ENTRY POINT AT 8223.
• 13:18 - TP AT MSP LOW 8234. POINTS-+10
• 14:30 - PRICES CLOSED ABOVE RN AND DH AND VOLUMES ARE GAINING. TO GO LONG ABOVE BO CANDLE HIGH & DH AT 8260 .
• 14:38 - TRADE FILLED. E-8260. ISL-8246.
• 14:58 - ISL HIT. POINTS -14