The USDCHF moved into a key daily resistance level in the last session to try and move higher. This resistance level has been a proven key level in the past and has acted as both a proven support and resistance. At this key level price fired off a pin bar on the 4hr chart. This 4hr pin bar was …
EURCAD Winds Up After Huge Move Higher | 31 Oct 2013
The EURCAD has started to wind up and has now formed an inside bar (IB) with the daily charts candle having the low and high being fully contained within the previous candle. Price has been roaring higher on this pair since it broke out of what was a very tight ranging box area. Price had been …
Price Slams Lower After Engulfing Bar on AUDUSD | 30th Oct 2013
Price has rocketed lower on after forming a large and commanding bearish engulfing bar (BEEB) on the daily price action chart of AUDUSD. This price action signal was posted as it formed in this blog and you can read the original blog post here: AUDUSD Fires off Solid BEEB. After breaking the low of …