The Gold price is winding up tighter and tighter on the daily price action chart and in the most recent session fired off an inside bar. Price in recent times has come from a wide base to be now squeezing in a super tight range and as we often talk about in this blog, the longer these tight …
USDCAD Fires Off Pin Bar on 8hr Price Action Chart | 22 May 2014
The USDCAD has fired off a large Pin Bar Reversal on the 8hr price action chart. This pin bar reversal is a 2 bar reversal on the 4hr chart that when combined on the 8hr chart makes a valid pin bar. This pin bar is a large, obvious and meets the three basic criteria. It is also sticking out and away …
NZDUSD 2 Day Pin Bar Moves Lower & USD Index Engulfing Bar Explodes | 21 May 14
NZDUSD 2 Day Pin Bar The NZDUSD has now moved lower and into the recent support level after breaking through and confirming the large false break pin bar that had formed on the 2 day price action chart. We posted about this setup as it was unfolding live in this blog and you can read the original …
