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 …
Price Action Charts in Focus
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 …
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 …
