The NZDUSD has now moved lower after forming a bearish engulfing bar (BEEB) on the 8hr chart. The BEEB formed up at a solid swing high and was rejecting the logical recent resistance zone that had been critical in recent times for this market. This A+ price action setup was also with the recent …
Price Action Charts in Focus
Live Oil Daily Pin Bar Setup
Oil has formed a large an obvious Pin Bar on the daily chart. This Pin Bar is rejecting the key support for this market which has been tested recently with another Pin Bar. The recent trend in this market has been higher and taking long trades would be trading with this trend on your side. If …
CADJPY Inside Bar & USDCHF Pin Bar Recap
CADJPY Inside Bar The CADJPY has formed an Inside Bar (IB) on the daily chart. Over the last few months we have made many posts about the strong trend that has been in place on most of the JPY pairs. This trend higher has been in full flight and other than a few pauses, it has been unstoppable We …
