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 …
Price Action Charts in Focus
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 …
EURJPY Pin Bar Reversal
The EURJPY has formed a Pin Bar reversal on the daily price action chart. This is a valid Pin Bar and has formed at a swing low and also at support. There are a few concerns for this Pin Bar, but if price can push price higher there is a close resistance over head which comes in around the Very Big …
