Silver has formed a counter trend pin bar on the daily price action chart. This pin bar is against the recent uptrend, but is rejecting the resistance on the daily chart and the Very Big Round Number (VBRN) of 25.00. If price can manage to move lower and break the pin bar low, price may be able to …
NZDJPY Breaks Key Price Action Level | 28th August 2013
Price on the NZDJPY daily chart has broken lower and through a key support level. This level has been tested and held as support in the past and has been shown to be a key level for this pair. Price has broken through this old support level could now act as a new price flip and new key resistance …
USDCAD Pin Bar Reversal | 27th Aug 2013
The USDCAD has fired off a Pin Bar reversal on the daily chart. Price is ranging on the daily chart and not moving in any clear direction with no obvious key trend being able to be identified. Price has moved higher up to the high of the range to test the highs and this is when the bearish Pin Bar …
