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 …
GBPCAD Daily Counter Trend Pin Bar | 29th Oct 2013
The GBPCAD has fired off a small counter trend pin bar on the daily price action chart. This daily pin bar is against the very strong recent up-trend and is small when put in comparison to some of the very large and commanding candles that were made in the up-trend on the move higher. Whilst trading …
USDSGD BEEB Starts Winding Up | 25th Oct 2013
The USDSGD is winding up after breaking through a key daily resistance flip level. This resistance flip level was convincingly broken through when a bearish engulfing bar (BEEB) broke and closed through with price closing well lower and close to the session lows. After forming this BEEB price has …
