The EURGBP has fired off a large Bullish Engulfing Bar (BUEB) on the daily price action chart. This BUEB is down at the extreme swing low and is engulfing the previous two candles. Whilst this is a very large engulfing bar, if price does break confirming the BUEB and move higher, it is trading …
Dow Jones Roars Higher on Daily Price Action Chart | 13th May 2014
The Dow Jones has finally broken out higher and moved into an all time high on the daily price action chart. Price had been stuck trading in a sideways range for the past few months with price continually attacking the highs, but being unable to break through and push onto the fresh all time highs. …
Huge 2 Day False Break Pin Bar Fired Off on NZDUSD Chart | 8th May 14
The NZDUSD has fired off a huge False Break Pin Bar on the 2 day price action chart. This pin bar is making a clear false break of the recent swing high resistance zone, with price closing well below the key level. During the session price moved higher and through the resistance level. This would …
