The EURCAD has printed a Bearish Engulfing Bar (BEEB) on the daily price action chart that is rejecting the old support/new resistance area. As the daily chart shows below; price has been in an extended down trend and this old support level is where price paused before then continuing on it's move …
Price Action Charts in Focus
Germany 30 Index Forms Inside Bar Above Support | 9th Sep 2014
The DE30 or Germany 30 Index is a stock market index of the 30 major German stocks listed on the Frankfurt Stock Exchange. Price on the daily chart has formed an inside bar (IB) just above the key daily support level. Price in recent times has been roaring higher and after making only a slight …
Market Making Large Moves & Silver Kill Zone Setup | 3 Sep 2014
The market has made some large moves in the last 24 hours on a lot of the major daily Forex pairs. A lot of pairs have broken out of the ranges or tight wind up periods they were trading in and with this breaking out it opens up a lot of potential trading opportunities for either continuation trades …