EURAUD 8 Hour False Break Pin Bar Reversal Price on the 8 hour chart of the EURAUD has popped lower after forming a false break pin bar reversal at a major daily resistance level. As the daily chart shows below, this false break candle (which had a major proportion of the market faked into breaking …
Price Action Charts in Focus
Will the USDCAD Move Back Into the Price Action “Kill Zone”? | 7th Jan 2016
The USDCAD has smashed higher and through a major weekly and daily price flip resistance level. If you move to your weekly price action chart and zoom it right out you will see that this level that I have marked on my chart below is a major level that has been respected going back now well into the …
S&P Forms Sucker Setup After Ripping Higher Into Target Level | 18th Dec 15
The S&P200, or the ASX200, the major Australian stock index, has formed a sucker pin bar on the daily chart that would have tempted and, ultimately, tricked a lot of traders into playing. The pin bar in question was at a resistance level, and that's why it would have looked too tempting and so …
