EURSGD Bullish Engulfing Bar The Bullish Engulfing Bar (BUEB) that formed on the 3 day chart of the EURSGD that we posted in this blog back on the the 11th of Feb when it formed live has now finally started to move higher and broken through the overhead consolidation area. You can read that first …
S+P 500 Daily Chart Engulfing Bar Formed Testing Highs | 20th Feb 2014
The S+P 500 has formed a Bearish Engulfing Bar (BEEB) on the daily chart that is testing the recent highs after price has made a large run higher. After making an all time high, price moved into a period of consolidation before retracing back lower and price has now moved back into these highs for …
Oil is on The March Higher on The Price Action Chart | 19th Feb 2014
WTI/USD (Oil v USD) has smashed higher and through the recent resistance that was also the Very Big Round Number (VBRN) of 100.00 and is now on the march higher on the daily price action chart. After creating a double bottom in the middle of January, price has reversed steeply and this has seen …