Price on the daily price action chart of Gold/USD ( Symbol XAUUSD) has printed a large Bullish Engulfing Bar (BUEB) that is rejecting a key support level. This BUEB is engulfing an inside bar that had also formed when price moved lower and stalled at the daily support level after a large move …
Price Action Charts in Focus
NZDUSD Prints Price Action Pin Bar on Daily Chart | 10 Jun 14
The NZDUSD has printed off a price action pin bar on the daily chart. This pin bar is sitting up at the high and rejecting an old support level that is now looking to flip and act as a new potential resistance. During the daily session after the pin bar, price has tried to break lower, but as often …
NZDUSD Price Action Pin Bar Follow Up | 18th June 14
The NZDUSD fired off a pin bar reversal that we discussed in this blog in our 10th June Forex Daily Market Summary. This pin bar was a solid pin bar that was up at the high and sticking out and away and rejecting the key daily resistance level. This pin was also a decent size and if price could have …
