The GBPCAD formed a very solid Bearish Engulfing Bar (BEEB) on the 4hr time frame overnight. This BEEB formed at a very key level and with the recent down momentum. If price moves lower it could fall into support around the recent lows at 1.5750. If however price goes higher we may see a new …
Price Action Charts in Focus
GBPCAD Falls Lower After BEEB
The GBBCAD Price Action setup that was covered in this blog yesterday was the catalyst behind price overnight falling much lower. This setup both on the daily and 4hr charts were covered in the members area by Johnathon. Well done to all the members who were able to profit from this move. Price …
USDJPY Falls Lower
The USDJPY has fallen much lower after a very obvious and large Bearish Engulfing Bar formed last week. This Price Action trade setup was discussed live before it played out in the members forum by Johnathon and Ivoman. Traders who entered this setup have been rewarded with a very nice risk …