{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/audcad-weekly-beeb\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/audcad-weekly-beeb\/","headline":"AUDCAD Weekly BEEB","name":"AUDCAD Weekly BEEB","description":"The weekly chart of the AUDCAD formed a very solid Bearish Engulfing Bar (BEEB). This BEEB was formed at a relevant resistance level and was also quite a large signal. Price Action traders who spotted this signal would have noticed it was a sign of weakness and shorted this pair. Price has broken the low […]","datePublished":"2012-08-17","dateModified":"2019-08-04","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2012\/08\/audcad.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2012\/08\/audcad.png","height":"268","width":"574"},"url":"https:\/\/forexschoolonline.com\/audcad-weekly-beeb\/","about":["Price Action Charts in Focus"],"wordCount":99,"articleBody":"The weekly chart of the AUDCAD formed a very solid Bearish Engulfing Bar (BEEB). This BEEB was formed at a relevant resistance level and was also quite a large signal. Price Action traders who spotted this signal would have noticed it was a sign of weakness and shorted this pair.Price has broken the low of the BEEB on the weekly chart and moved much lower. Traders who entered this price action setup would now have had a chance to take at least part profit, or at the minimum protct their capital. AUDCAD WEEKLY CHART – 17 AUG 2012  "}