The GBPAUD is winding up on the daily chart and has produced an inside bar. Price has been in an extended up-trend with price making higher highs and higher lows. Price hit a top and formed the first inside bar. After pulling back slightly price has paused and is now winding up like a …
Price Action Charts in Focus
NZDCHF Intraday Price Action Setup & CADJPY Pin Bar Comes Off
The Daily chart of the NZDCHF shows price in an extended down trend with price down at the extreme low and winding up like a spring. Looking into the price action we can see the 1hr chart shows some interesting price action foot prints. Price is winding up and is currently stuck in a tight …
CADJPY Pin Bar & EURUSD Recap
The CADJPY has fired off a Pin Bar reversal on the daily price action chart. This pin bar setup is in-line with the very short term trend and also rejecting a key resistance level. If price can break this Pin Bar low and move lower price may be able to move lower and into the near term support level …
