A big shout out goes to Senior Trader Jeremy in the members only forum who spotted and posted about the Bullish Engulfing Bar on the GBPCHF. Price has now gone higher from this Price Action and given traders a chance to take profit or move to break even. The next resistance comes in soon at the …
EURGBP Bearish Engulfing Bar
The EURGBP produced a solid BEEB (Bearish Engulfing Bar) which has now seen price go lower. This setup was discussed live in the Members only forum as it occurred. The BEEB formed at a swing high and at a resistance zone. Price had actually gone higher and closed a gap before selling off and …
EURUSD Sitting on Support
The EURUSD is sitting right on support as I type this and looks like it may break lower. If price does break lower a hard and fast move to the next support could be on the cards. The best play in this market is to wait for a pull-back and then short with the overall trend. There is a very strong …