Price has just formed a bullish pin bar reversal on the 4-hour price action chart of the GBPJPY against a huge stream of momentum. If you look at both the daily and 4-hour chart and simply glance from left to right you will see a super obvious trend in play: price is making lower highs and lower …
EURUSD Daily Price Action Stuck in Sideways Traffic & Congestion | 14th Jan 16
Price action on the daily chart of the EURUSD is stuck in a sideways range movement that it is having a super hard time moving out of. As the daily chart shows below; price is currently moving in between a very narrow range because the overhead resistance and near term support below are both so …
EURAUD Pops Lower After False Break Pin Bar & Time to Hunt Shorts on GBPSGD? | 12th Jan 16
EURAUD 8 Hour False Break Pin Bar Reversal Price on the 8 hour chart of the EURAUD has popped lower after forming a false break pin bar reversal at a major daily resistance level. As the daily chart shows below, this false break candle (which had a major proportion of the market faked into breaking …
