Price has formed both a bearish false break Pin Bar and false break Bearish Engulfing Bar (BEEB) on the daily price action chart of the GBPAUD. Price broke lower of the pin bar and moved into the very close near term support level before moving higher to test the high of the pin bar. Price tried to …
AUDNZD Pin Bar Finally Pays Off & NZDCAD Setting Up For Kill Zone | 28th Feb 2014
AUDNZD Daily Pin Bar Falls Lower The AUDNZD Pin Bar that formed on the daily chart that we previously discussed in this blog as it formed live, has now finally worked out and moved lower past the first near term support and into the next key support level. To read the original post made as this pin …
Oil 4hr Pin Bar at Key Daily Level & Silver Breaks Out of Wind Up | 27th Feb 2014
Oil Forms 4hr Pin Bar Reversal at Key Daily Support Level WTI/USD (Oil v USD) has been in an up-trend of late with price making a very fast and aggressive move higher in recent times. Regular readers to this blog will know that; the best way to trade price action is by looking for obvious trends …