Price has soared higher on the EURAUD daily chart after forming a bullish engulfing bar (BUEB). This setup was posted live on this blog as it was forming on Tuesday 20th August and you can see the original post HERE. This BUEB was a high probability price action setup because it had many factors …
Price Action Charts in Focus
Gold Fires Off Pin Bar With Up-Trend 21 Aug 2013
Gold has formed a base on the daily chart and has now made the 1,2,3 trend change pattern with higher highs and higher lows signalling price is in an up-trend on the daily chart. You will notice on the chart below, before changing to an up-trend at the very low, before making a move higher price had …
EURAUD Fires Off Live Engulfing Bar | 20th Aug 2013
The EURAUD has fired off an live bullish engulfing bar (BUEB) on the daily price action chart. Price on the EURUAD has been in a solid up-trend for the past five months with price making higher highs and higher lows. Price in the last week has retraced lower back into the major support level. This …
