The USDCAD has moved lower during yesterdays session on the back of a Bearish Engulfing Bar (BEEB). This BEEB formed with the very recent downward momentum. Price has now fallen into the near term support and closed well off the lows. Traders who entered this one have now been given the chance to …
Price Action Charts in Focus
USDSGD 4HR BEEB
The USDSGD fired off a very solid 4hr Bearish Engulfing Bar (BEEB) during yesterdays session. This BEEB was at a clear level and formed within the downtrend. Quick traders who were alert to their charts yesterday would have easily spotted this obvious setup forming. Price has now moved much lower …
GBPUSD 2 Bar Reversal
The GBPUSD formed a 2 Bar reversal at the end of last week. This price action setup has sent price lower to where it now has reached support. Price during yesterdays session produced an inside bar that could not close below this support level. Until price moves from this level either through it …
