Silver has fired off a Pin Bar Reversal on the daily chart. Since this Pin Bar was formed price has hung around and not done too much. During yesterday's session however we finally saw a break lower. If price can continue it's move lower, the next support would come in around 29.90. Traders who …
Price Action Charts in Focus
GBPUSD Bullish Rejection
Yesterday the GBPUSD formed a Bullish Rejection candle. This rejection candle was formed at an area where price had found resistance many times in the past. Once price had broken this resistance and moved higher, price retraced back lower to now find new support at the old resistance area. Price …
AUDCHF Blast Lower
Last week we covered the AUDCHF and how it was beginning to look very weak. To read this post go HERE. Price had a made an Inside Bar on the daily chart that was sitting right on support. Once price broke lower from this Inside Bar, price collapsed lower. Price is moving closer to the long term …