After forming a Pin Bar reversal up at the range high and rejecting the resistance area on the daily price action chart, price stalled and moved sideways for the next two days without breaking higher or lower. Price formed a Pin Bar + Inside Bar combo where just after forming the pin bar, the …
Price Action Charts in Focus
Recap: Look at Price Action Since Making Tuesday’s Post on GBPCAD Chart | 28th April 2016
On Tuesday I made a "Charts in Focus" commentary about the 3 x GBP pairs that were all at the time testing major resistance levels. These pairs were the GBPAUD, GBPSGD and the GBPCAD. Of these Forex pairs the GBPAUD has broken through higher and moved into the next resistance overhead, the GBPSGD …
Will the Pin Bar be Steamrolled, or Will we Get a Chance to Hunt Trend Trades? | 9th Aug 2016
Price on the weekly price action chart of the Platinum market has fired off a bearish Pin Bar reversal that is right up at the high end, and as you can see on the chart below, the nose is tipping the resistance level. Notice I said "tipping", and not "rejecting" or that the pin bar was sticking …
