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 …
Price Action Charts in Focus
EURUSD Bearish Engulfing Bar | Price Action Chart
The EURUSD Daily chart has fired off a Bearish Engulfing Bar (BEEB) for price action traders. Whilst this is a clear bearish signal that the market may be looking to move lower, it has not come at the best possible spot for traders to take short trades. The first worry price action traders should …
Dow Jones 4hr Chart Pin Bar & Engulfing Bar
The Dow Jones has been in an extended up-trend for all of 2013 with the bulls firmly in control making higher highs and lows. Every attempt at pushing the price lower by the bears has only seen the bulls come in stronger than ever and push price onto new highs. Recently price moved into big the …
