Gold has now moved lower after forming double bearish engulfing bars (BEEB's) on the weekly price action chart. The first engulfing bar that formed was up at a swing high and rejecting a key resistance level and this engulfing bar was also a large and obvious setup that most traders who flicked to …
Price Moving Into Key Price Action Zone on USDSGD Daily Chart | 22 Apr 14
Price has smashed lower and through a key support level on the USDSGD after a large Bearish Engulfing Bar (BEEB) formed on the daily price action chart. After this bearish engulfing bar was confirmed with price breaking the low, price broke lower and made a fast and aggressive move lower that saw …
CADJPY Dueling Rejection & GBPUSD Flies Higher After 4hr Pin Bar | 17th April 14
CADJPY Daily Chart The CADJPY has fired off dueling rejection candles with price showing rejection in the last two daily sessions from both higher and lower prices. As the daily chart shows below; the most recent daily session has produced a bearish pin bar that is rejecting the overhead …
