USDCHF DAILY CHART The USDCHF has formed a super large Pin Bar reversal. This Pin Bar has a huge nose and is sticking out, up and away from all other price like the best Pin Bar's do. The one worry with this Pin Bar is before it formed the obvious trend has been clearly moving higher and to take …
EURUSD Bearish Engulfing Bar From Resistance
Overnight the EURUSD has formed a Bearish Engulfing Bar (BEEB) on the daily chart. Whilst this BEEB has formed towards a low, it is rejecting resistance and has closed well lower off the daily highs. Price during the daily session moved higher into a key level for this market where resistance was …
EURUSD False Break Pin Plays Out
The setup we discussed in this blog yesterday on the EURUSD has now played out. To read yesterdays live post of the EURUSD daily setup see this post: EURUSD False Break Pin Bar Setup. From this false break pin bar price broke the low of the pin and smashed lower passing the super close support …
