Price on the daily chart of the CADJPY formed a Bullish Engulfing Bar (BUEB) on the 17th March 2014. This BUEB was down at the low and rejecting the recent support area. The one important note to this Bullish Engulfing Bar was the area that it was trading into, known as a price flip area. I discuss …
USDJPY Moves From Weekly Pin Into First Area | 19th Mar 2014
On the 13th of March I posted to this blog a pin bar that had just formed live on the weekly chart of the USDJPY. You can read the original post here: USDJPY Fires Off Weekly Pin Bar Reversal. This pin bar had formed rejecting a key weekly support level and was also in-line with the strong long term …
S+P 500 Fires Off Daily Engulfing Bar at Key Support | 18th Mar 2014
Price on the daily S+P 500 chart has fired off a large Bullish Engulfing Bar (BUEB) on the daily price action chart. The S+P 500 is a nindex that is made up of 500 US stocks that are picked based on their size, liquidity and the industry they are operate in, among other factors. The S+P 500 is a …
