BAR REPLAY - 22JUN16

BIG PICTURE

• PRICES IN 8100-8300 RANGE FOR THE PAST 20 ODD DAYS. OVERALL TREND IS UP.
• PREVIOUS DAY DAILY CANDLE IS IN DECLINE MODE. AFTER TAKING SUPPORT AT 8100 AND MOVING IN A TYPE 1 TREND FASHION, PRICES HAVE CONSOLIDATED DURING THE PREVIOUS DAY. THIS IS PAUSE BEFORE UP MOVE IS RESUMED?

TRADING DAY

• 09:30 - PRICES OPENED NEAR PDC AND IS TRADING WITHIN PREVIOUS DAY'S RANGE. PRICES HAVE REMAINED IN 15 POINT RANGE SINCE PREV DAY 10 AM. TO GO LONG AT TST OF RL.
• 09:34 - TRADE FILLED. E- 8225, ISL - 8218.
• 09:46 - PRICES BROKE OUT OF RH. MOVING SL TO 8227.
• 09:58 - REJECTION OF PRICES AT RN.
• 10:03- MOVING SL TO 8240.
• 10:06 - TSL HIT. POINTS +15
• 11:51 - GOING LONG AT TST  OF PDC.
• 11:54-TRADE FILLED. E-8223, ISL-8219
• 12:05- ISL HIT. POINTS -4