Silver has fired off a Bearish Engulfing Bar x Inside Bar Combo on the daily price action chart. This combo setup is rejecting the major daily resistance with the zoomed out daily chart below showing how important this key resistance has been in recent times with price clearly respecting it on many …
Price Action Charts in Focus
WTI Oil Makes Huge Breakout Into Seventh Month Low | 18th Aug 2014
The WTI Light Crude Oil market has overnight seen it's price collapse to lose over $2.50 in the one daily session. This major fall can be seen on the daily chart below. During this fall price moved lower and closed beneath a key daily support level. Once price moved through this support level, price …
Huge False Break Pin Bar Printed on Brent Crude Oil | 14th Aug 2014
The price action in the Spot Brent Crude Oil market has printed a huge false break pin bar on the 2 day chart. Price on the first of the two days tried to make a break lower and as the daily chart shows below; price closed strongly lower. Then on the daily chart, price snapped back higher and …
