The USDCAD has fired off a Bullish Engulfing Bar x Inside Bar Combo setup on the daily price action chart. This setup is formed at and rejecting a major daily support level with the first chart below showing how the low of the bullish engulfing bar has moved lower and rejected both lower prices and …
Daily Price Action: Trading Strategies for Higher Time Frames
Daily Price Action: Trading Strategies for Higher Time Frames Price action trading is a really great trading strategy in that it is flexible and can be traded over many different time frames and can be made to suit many different traders and their lifestyles. There are a lot of people that live …
EURCAD Moves Higher After 8hr Pin Bar Reversal | 26th Aug 2014
The EURCAD has now moved higher after the 8hr price action chart printed a very clear pin bar reversal. This pin bar was a textbook pin bar that was right down at the swing low and sticking well out and away from all other price, rejecting the key support that was also a major daily support level. …
