Price on the Oil (WTI v USD) has once again been crunched to fall lower and through the floor on the daily chart. Price is now falling to prices that have not been seen or even thought of in the recent four years, but with price now in such a strong down-trend who knows how far price may continue to …
Silver Moves Into Key Daily Resistance And Prints Inside Bar | 27th Nov 2014
Price on the Silver (XAGvUSD) chart has moved into a key daily resistance and printed off an inside bar. This inside bar has closed lower at the end of the session with price closing right near the session lows indicating a potential rejection of the resistance. Price on the daily chart has been in …
4 Hour & Daily Chart Engulfing Bars Fired Off on the USDZAR | 21 Nov 2014
The USDZAR (US Dollar V South African Rand) has fired off price action Bearish Engulfing Bars (BEEB) on both the 4 hour and daily charts. As the 4 hour chart shows below; price had made a sharp retrace back higher and into the resistance before price fired off the 4 hour bearish engulfing bar. Price …
