First of all; Happy Australia Day!!! Price on the daily chart of the GBPJPY is as I write this for you trying to breakout higher and through the daily price action flip resistance area. Price has been unable in recent sessions to breakout and continue on higher with a sustained move, but as I …
Price Action Charts in Focus
Anatomy of an Intraday Reversal on Crude Oil | 22 Jan 2016
Price in the Crude oil market has been getting crushed for months on end now. Every higher time frame you flip to from the intraday 4 hour, 8 hour and daily chart is showing clear and strong down-trends with series of lower lows and lower highs. Price has now been crunched so severely that it is …
Heard the One About the 2 Bar, the Pin Bar & the Re-test? | 20 Jan 16
Price has just formed a bullish pin bar reversal on the 4-hour price action chart of the GBPJPY against a huge stream of momentum. If you look at both the daily and 4-hour chart and simply glance from left to right you will see a super obvious trend in play: price is making lower highs and lower …
