The USDCAD has fired off two bearish price action signals on the daily chart right at a key resistance level that could be hinting at a move lower over the coming sessions if price can make a break lower. The first signal is a bearish engulfing bar (BEEB) which are often seen as large commanding …
Price Action Charts in Focus
CADCHF False Break Pin Bar & EURGBP Recap
CADCHF Daily False Break Pin Bar Price on the CADCHF has rocketed higher after producing a false break pin bar on the daily price action chart. False breaks can be super high probability plays when they are played from the correct spots on the charts. This market has been ranging over the past few …
EURGBP Engulfing Bar | Price Action Trading
The EURUGBP has fired off an bearish engulfing bar (BEEB) on the daily price action chart. This engulfing bar is very large, commanding and is also up at a swing high like all good bearish engulfing bars should be. This engulfing bar is also rejecting a proven previous resistance area. There has …
