Gold has formed a base on the daily chart and has now made the 1,2,3 trend change pattern with higher highs and higher lows signalling price is in an up-trend on the daily chart. You will notice on the chart below, before changing to an up-trend at the very low, before making a move higher price had …
EURAUD Fires Off Live Engulfing Bar | 20th Aug 2013
The EURAUD has fired off an live bullish engulfing bar (BUEB) on the daily price action chart. Price on the EURUAD has been in a solid up-trend for the past five months with price making higher highs and higher lows. Price in the last week has retraced lower back into the major support level. This …
GBPCHF Pin Bar at Fibonacci & Big Round Number | 18th Aug 2013
Price on the GBPCHF has closed a few pips lower than it's daily open after forming a large daily bearish Pin Bar. This daily Pin Bar created a quick chance for savvy traders to make a profit after price moved lower and into the near term support, before the bulls jumped back in and price snapped …
