Last week the EURAUD formed a bullish engulfing bar. This BUEB took some time to break higher but now it is moving into recent highs. The next resistance comes in at the 1.2800 area whilst below support is still holding at the 1.2590 area. EURAUD DAILY CHART …
2 Bar Reversal Price Action Trading Guide
2 Bar Reversal Price Action Trading Guide The 2 Bar Reversal is similar to the engulfing bar in that they are both reversal price action signals. The main difference between the 2 Bar Reversal and the Engulfing Bar is the 2 Bar Reversal does not have to fully engulf the previous candle or bar …
AUDCHF BEEB RECAP
During Fridays session the AUDCHF broke out lower from the Bearish Engulfing Bar and tested recent lows. Members of Forex School Online were aware of this Price Action setup through the Members Only Forum where it was discussed in depth. If price continues to fall lower support comes in around …