The GBPSGD as I write this is trying to bust out higher and through the high of the major daily resistance area. Price in recent times has been caught in a clear range and sideways trading period with a clearly defined high and clearly defined low as the daily chart shows below. At the moment price …
Price Action Charts in Focus
Oil 4 Hour Chart Pin Bar Revsal Recap | 6th Feb 2015
Oil (WTI) on the 4 hour chart has now dropped lower and made the swing into the next support that we suspected it may do after confirming and breaking the low of the 4 hour pin bar reversal it had formed earlier in the week. In the 4th Feb EURUSD Pin Bar Reversal Daily Forex Commentary Post I …
US 2000 Fires Off Engulfing Bar on Daily Chart | 29th Jan 2015
The US 2000 index or the Russell 2000 Index has fired off a Bearish Engulfing Bar (BEEB) on the daily price action chart. This BEEB is up at the swing high and rejecting the major daily resistance area that as the daily chart shows below; has been a major daily resistance level in the past few weeks …
