The EURUSD daily chart has formed a Bullish Rejection candle. This bullish price action has formed with the strong recent up-trend and at near term support. If price moves higher from here price could look to test the near term resistance around the Very Big Round Number of 1.300. If price falls …
Silver Pin Bar
The price action on silver formed a false break Pin Bar reversal on the daily chart. The Pin Bar was against the trend, however this market was due for a pullback after such a large move higher. When the low of this Pin Bar was taken out, price cruised on lower into the near term support area. …
CADPY Engulfing Bar
The CADJPY formed a solid Bearish Engulfing Bar (BEEB) on the daily chart last week. Once price broke the low of this BEEB price sold of heavily. Price has now reached the near term support area. Traders who took this setup have now had a chance to take profit or at the monimum move to protect …
