Price is right down at the extreme lows on the GBPAUD on both the 4 hour and the daily price action charts . As you can see on the chart below, price formed an inside bar ("IB") on the daily chart - this is a pausing or consolidation pattern we have often discussed in this blog. This sort of …
12 Hour Engulfing Bar Forms on NOKJPY to Finish Week | 12th Aug 2016
Price action has fired off a Bearish Engulfing Bar ("BEEB") on the NOKJPY 12 hour chart as we move to finish for the week. As you will see on the chart below, this 12 hour trade setup and reversal trigger signal was still in the middle of forming and the daily chart still had some ways to go …
Will the Pin Bar be Steamrolled, or Will we Get a Chance to Hunt Trend Trades? | 9th Aug 2016
Price on the weekly price action chart of the Platinum market has fired off a bearish Pin Bar reversal that is right up at the high end, and as you can see on the chart below, the nose is tipping the resistance level. Notice I said "tipping", and not "rejecting" or that the pin bar was sticking …
