The USDJPY has formed a Pin Bar in-line with the trend. This up-trend has been in place for an extended period of time and in this blog we have covered many Japanese pairs over the past six months with price action setups. We have also made an in depth trend trading tutorial to teach traders exactly …
Price Action Charts in Focus
Gold Winding Up For Massive Break Out
The price action on the Gold chart has been tightly winding up over the last few daily sessions with price getting ready for a massive break out. On the daily chart we can see price has formed consecutive inside bars and is winding up like a coiling spring. Exactly like a spring, the longer the …
EURNZD Two Bar Reversal Double Top
The EURNZD has formed a a two bar reversal from a double top on the daily price action chart. The recent trend has been higher but two bar reversals are reeversal signals and this has the potential to push price lower. If price can move lower the next support level comes in around the 1.6050 area …
