Price on the NZDJPY daily chart has broken lower and through a key support level. This level has been tested and held as support in the past and has been shown to be a key level for this pair. Price has broken through this old support level could now act as a new price flip and new key resistance …
Price Action Charts in Focus
Silver Counter Trend Pin Bar at VBRN | 29 Aug 13
Silver has formed a counter trend pin bar on the daily price action chart. This pin bar is against the recent uptrend, but is rejecting the resistance on the daily chart and the Very Big Round Number (VBRN) of 25.00. If price can manage to move lower and break the pin bar low, price may be able to …
Silver Moves Into Kill Zone After Pin bar | 30 Aug 2013
Silver has moved lower and into a key daily support zone on the daily chart. This move lower came after the daily chart fired off a bearish Pin Bar at resistance. This pin bar was discussed in this blog yesterday and you can read that post HERE. Once price broke the low of the pin bar it moved lower …
