Price on the daily price action chart of the Gold v Euro has fired off an Inside Bar = IB just underneath a major price flip area. This price flip area has been a major level on this chart, as the three charts below all show. Price has respected this level over both the longer and shorter term, as …
NZDCHF Setting up For Potential Price Action Breakout | 11 Sep 2015
Price on the NZDCHF has moved into a tight consolidation phase with a really clearly defined high and low on the daily price action chart. As both the daily and 4 hour charts show below, after making a strong move lower, price has now moved into a sideways tight range, which is a very common market …
EURSGD Moves Lower After High Probability Engulfing Bar at Round Number | 9th Sep 15
The EURSGD has moved lower after forming a really high probability Bearish Engulfing Bar = BEEB on the 4 hour price action chart. Often in the daily Forex market summary blog I am disusing price action and where you need to be looking out for the next setup or where a setup has just formed, but in …
