Price on the Silver (XAGvUSD) chart has moved into a key daily resistance and printed off an inside bar. This inside bar has closed lower at the end of the session with price closing right near the session lows indicating a potential rejection of the resistance. Price on the daily chart has been in …
4 Hour & Daily Chart Engulfing Bars Fired Off on the USDZAR | 21 Nov 2014
The USDZAR (US Dollar V South African Rand) has fired off price action Bearish Engulfing Bars (BEEB) on both the 4 hour and daily charts. As the 4 hour chart shows below; price had made a sharp retrace back higher and into the resistance before price fired off the 4 hour bearish engulfing bar. Price …
Could the AUDNZD Continue the Range with a False Break Pin Bar?| 19th Nov 1414
The AUDNZD has printed off a False Break Pin Bar on the daily price action chart. This false break pin bar is down at a swing low and protruding through the recent support area where price had recently held and fired off a large Bullish Engulfing Bar (BUEB). Price has recently been trading in a very …