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 …
Silver Engulfing Bar Has Price Stuck at a Crucial Daily Level | 9th Dec 2014
Price in the Silver market has moved up on the back of a huge Bullish Engulfing Bar (BUEB) to be now testing a crucial level on the daily price action chart. This level that is now holding as a resistance, flipped to become what I often refer to in this blog as a price flip level. As the daily chart …