The EURNZD has been in a solid downtrend in the recent weeks. The best play for Price Action traders is to look to short with this trend in their favour. There is an old support area around 1.5670 that if price can retrace back higher to, we would look to hold as new resistance. This may also be …
Oil Pin Bar Recap and EURUSD Smashed
The Pin Bar that this blog posted yesterday as it was produced was the catalyst for price moving lower during yesterdays session. Once price broke the low of the Pin Bar price got a move on and closed well lower. If price continues to fall we could see the recent lows come into play in the near …
Oil Daily Chart Price Action
Oil has formed a small Bearish Pin Bar on the daily chart. This Pin is small but is also formed at the over head resistance area. Should price break lower support comes in below around Big Round Number of 85.00. The trend has been lower of late and this Pin could suggest a move back lower. If …
