The NZDCAD has fired off a small Bullish Engulfing Bar (BUEB) on the daily price action chart. This engulfing bar is small and not commanding like the best trade setups. Price in recent times has been moving lower after price fired off a false break pin bar. This false break pin bar made a clear …
Price Action Charts in Focus
GBPUSD Smashes Through Key Support With 1,2,3 Trend Reversal | 29 May 2014
The GBPUSD has smashed through a key support price flip level on the daily price action chart. Price in recent times has been trading strongly higher, with price making solid higher highs and higher lows, but in yesterdays session price made a clear break through the daily support level and …
Inside Bar Forms Winding Up Tight For Breakout on Gold | 5 Jun 2014
Price has formed an inside bar on the daily price action chart of the Euro/Gold chart (Symbol XAUEUR). Price has been in a move lower since price formed a large Bearish Engulfing Bar (BEEB) at an extreme high and once price broke lower, a new momentum lower was in play. In recent days price has …