The AUDNZD has fired off a Bearish Engulfing Bar (BEEB) on the 4hr chart. This BEEB is from a swing high and previous support which has now held as resistance. If price can break lower price could cruise on lower to test the recent lows around 1.2680. If however price goes higher a new up-trend …
How to Make Money Forex Price Action Trading
How to Make Money Forex Price Action Trading If you are reading this lesson then the chances are you are ready to learn how to trade price action. It is also highly likely you want to know how you can finally stop making the same mistakes and start making some profits. This article will cover …
USDJPY Forms Bearish Engulfing Bar
The USDJPY has formed a Bearish Engulfing Bar (BEEB) on the daily chart. This BEEB is from a swing high and recent resistance. For a move lower to occur the BEEB low would need to be taken out. Support is fairly close and any trader looking to trade this pair would need to keep this in …
