The Germany 30 Index or the DE30 as it is commonly known has fired off an inside bar (IB) on the daily price action chart. Price has recently made a strong leg lower after forming a killer A+ pin bar that was up at the swing high and rejecting both the longer and short term resistance levels. After …
Where to Now For Aussie Price Action? | 30 Sep 2014
The AUDUSD or Aussie as it is commonly known has been absolutely smashed in recent times with price falling over 600 pips in just the last 3 weeks on the daily price action chart. From a high at the round number of 0.9400, price fell of a cliff and in the past few weeks there has been very few …
Sugar Fires Off 4hr Bearish Engulfing Bar at First Test Resistance| 26 Sep 14
Price action on the 4hr chart of the Sugar market has fired off a 4 hour Bearish Engulfing Bar (BEEB). Price has started a retrace back higher on the 4 hour chart with price moving back into the key resistance level. As the daily chart shows below; price has now moved into the key daily resistance …
