Gold has now shot higher on the weekly chart. The catalyst for this move higher was a solid Pin Bar that was covered in this blog in a previous post. Price has now given traders a chance to either take profit, protect their capital or a mixture of both. Price is now sitting just under the …
Price Action Charts in Focus
Price Action – EURJPY
The EURJPY has been heavily sold off over the last few months. The best move has been and still is to get short with this trend when the market gives us a chance. The chance we need may be getting closer as price is now pushing higher and looking to reach the next resistance area. Price has been …
GBPUSD Moving Closer To Resistance
The GBPUSD has been in a solid down trend of late with no retraces higher for traders to get short. Price may now be getting closer to giving traders the chance they need to jump aboard the trend. Resistance comes in over head at around 1.5640. Traders could look for possible bearish price action …
