Recently in this blog we discussed a Bearish Engulfing Bar (BEEB) that had formed on the EURJPY daily chart that was looking to send price lower if price could confirm the signal and break the low of the BEEB. You can find the original post here; EURJPY Fires of Bearish Engulfing Bar. Price did …
Inside Bar Fires Off on EURSDG Daily Price Action Chart | 6th Feb 2014
Price on the daily chart of the EURSGD has broken lower and closed below the Big Round Number (BRN) of 1.7200 with price now forming an inside bar. After breaking lower with a large bearish candle, price retraced back into the BRN and old support/new resistance and formed this inside bar that is …
Daily Pin Bar Reversal Fired Off on AUDNZD Price Action Chart | 5th Feb 2014
The AUDNZD has fired off a daily bearish pin bar reversal that is sticking out and rejecting a key resistance level. This pin bar has a long nose that is protruding up and through the key resistance level and is formed meeting the criteria to be a valid pin bar. Price on the AUDNZD in both the …