The USDCAD has formed a bearish engulfing bar (BEEB) on the two day price action chart. You can read more about how to trade engulfing bars here: Engulfing Bar Tutorial. This BEEB has formed right up at the swing high and is rejecting resistance. This pair has been a bit all over the place of late …
Price Action Charts in Focus
AUDUSD Pin Bar & Oil Price Action
AUDUSD | 30 MAY 2013 The AUDUSD has formed a bullish rejection Pin Bar Reversal down at a swing low on the daily chart. This Pin Bar is right down at the extreme low and sticking out and away from all other price how we like to see rejection candles, however this setup is highly counter trend. …
USDCHF Moving Into Critical Support | Price Action Signals
The daily chart of the USDCHF shows price is moving lower and getting closer to what could be a critical support level for this market. This level was old resistance with price not able to break through and move higher. Once price broke higher through resistance it moved onto new highs and we are …
