The USDSGD has started to wind-up on the daily chart with price forming double inside bars sitting just above a key daily support level. When price winds up like this it is a clue that pressure is building and the order flow is winding up and getting ready to make the next big push or move. Often …
Silver Has Broken Out and Now Formed Price Action Inside Bar | 12 Dec 14
Price in the Silver market has formed an inside bar on the daily price action chart after breaking out of a key daily resistance level. As I posted on the 9th Dec 2014 | Silver Engulfing Bar Has Price Stuck at a Crucial Daily Level Daily Market Commentary price had been contained underneath this key …
USDJPY Fires Off 8 Hour Price Action Pin Bar Reversal | 10th Dec 2014
The USDJPY has fired off a pin bar reversal on the 8 hour price action chart. This pin bar reversal is sticking out and away and is down at a swing low within the strong recent trend higher. Price as the daily chart shows below; has been in a super strong trend of late higher with price making a …