Price on the CHFJPY is looking to potentially break lower and make a move in line with the recent strong trend that has been in play on this pair. As I write this summary for you, price is making an attempt at the lows of the recent Bearish Engulfing Bar (BEEB) + Inside Bar (IB) Combo price …
Price Action Charts in Focus
Can Price Break & Continue With the 2 Day USDCHF False Break? | 29th Jul 16
Just lately we have had a spurt of price action triggers and formations that have formed on a time frame other than our 'standard' time frames. That theme carries on here as well, with a large False Break that is also a Bearish Engulfing Bar ("BEEB") on the 2 day time frame chart. This setup will …
Double Top Engulfing Bar Sends Price Lower on GBPAUD | 22 July 2016
Price on the GBPAUD has shot lower and as I write this 'Charts in Focus' post for you, price is looking to try and break an intraday support level after firing off a 4 hour Bearish Engulfing Bar = BEEB. This BEEB was a super obvious, large and clear cut reversal signal that formed up at the swing …
