Most Forex pairs at the moment are trading sideways and are not showing clear trends, so it is important that traders have good range trading skills and are good at identifying price flip levels. Without the crucial skill of being able to pick out the key price flip levels, it can be hard for …
Price Action Charts in Focus
NZDCAD 3 Day Pin Bar Moves Higher And Rotates Into Daily Pin Bar | 7th May 14
On the 1st of May we made a post in this blog about the 3 day pin bar that had formed on the NZDCAD chart. To read the original post see here: NZDCAD Fires Off 3 Day Pin Bar. After taking time to break the pin bars high and confirm the setup, once price broke higher, it quickly gained momentum and …
Huge 2 Day False Break Pin Bar Fired Off on NZDUSD Chart | 8th May 14
The NZDUSD has fired off a huge False Break Pin Bar on the 2 day price action chart. This pin bar is making a clear false break of the recent swing high resistance zone, with price closing well below the key level. During the session price moved higher and through the resistance level. This would …
