Price has fired off double inside bars back-to-back on the GBPCAD daily price action chart that is sitting just underneath the recent price flip level. Price in recent times has had strong downward momentum, in line with the BREXIT announcement and decision of the UK people to leave the …
Price Action Charts in Focus
Inside Bars Triggers Break Higher, Lower & Confirmation on GBPCHF 1 Hour | Weekly ‘CIF’ 12th Jul 16
GBPCHF DAILY & 1 HOUR CHARTS Inside bars are a bit of a theme on the charts at the moment and whilst they are a lot more common than other candlestick formations, they are forming quite a lot just at the present time. The reason they are more common than for example a large engulfing bar, is …
Price Action Break & Re-tests In Aftermath of BREXIT | Weekly ‘CIF’ 5th Jul 16
GBPUSD 8 HOUR CHART The BREXIT sure did shake things up in this market, forcing a really big move. How often do you see Engulfing Bars engulfing half a year's worth of price action on a chart? Especially on a major pair like the GBPUSD. It just goes to show the size and importance of the …
