Gold (XAUUSD) has fired off a false break bullish engulfing bar on the daily price action chart. This engulfing bar is making a clear false break with the low of the engulfing bar moving down and past the recent swing support level, before snapping back higher to form the bullish engulfing bar and …
Gold Moving Lower After Double Engulfing Bar – Where to Hunt Trades | 23rd April 2014
Gold has now moved lower after forming double bearish engulfing bars (BEEB's) on the weekly price action chart. The first engulfing bar that formed was up at a swing high and rejecting a key resistance level and this engulfing bar was also a large and obvious setup that most traders who flicked to …
Price Moving Into Key Price Action Zone on USDSGD Daily Chart | 22 Apr 14
Price has smashed lower and through a key support level on the USDSGD after a large Bearish Engulfing Bar (BEEB) formed on the daily price action chart. After this bearish engulfing bar was confirmed with price breaking the low, price broke lower and made a fast and aggressive move lower that saw …
