The GBPUSD has pushed substantially higher over the last two daily sessions to push back into the range that it has been trading in over the past few months. Price on the daily chart has been trading sideways with no clear direction or trend in either direction. Price had moved down to the major …
Price Action Charts in Focus
EURNZD False Break 2 Bar Reversal
The EURNZD has formed a false break 2 bar reversal on the daily chart. This price action signal is large and a valid 2 bar reversal however if price is to move higher it is going to have to move through quite a strong resistance area. In yesterdays blog we were looking for short entries on this …
GBPUSD Fires Off Engulfing Bar and EURNZD Moving into Kill Zone
GBPUSD 4HR CHART Yesterday on this blog we discussed the strong downward push on the GBPUSD and the logical resistance level that traders could look for short trades at should price rotate back higher and produce price action. To read yesterdays original post see HERE. During yesterdays session …
