CADJPY Daily Chart The CADJPY has fired off dueling rejection candles with price showing rejection in the last two daily sessions from both higher and lower prices. As the daily chart shows below; the most recent daily session has produced a bearish pin bar that is rejecting the overhead …
Price Action Charts in Focus
Gold Moving Lower After Double Engulfing Bar – Where to Hunt Trades | 23rd April 2014
Gold has now moved lower after forming double bearish engulfing bars (BEEB's) on the weekly price action chart. The first engulfing bar that formed was up at a swing high and rejecting a key resistance level and this engulfing bar was also a large and obvious setup that most traders who flicked to …
NZDCAD Fires Off Pin Bar on 3 Day Chart | 1 May 2014
The NZDCAD has fired off a pin bar on the 3 day price action chart after price had been consolidating and winding up. Price has been in an extended and obvious up-trend in this pair with price in recent times making a huge leg higher with not many rotations lower back into value areas. Price …
