Price on the daily chart of the Spain 35 Index has moved into a period of very tight sideways stalling and consolidation, after attempting to make a break past the inside bar and continue down to the major support level. As you can see on the chart below and as I alluded to in my heading, price …
Price Action Charts in Focus
EURNZD Reverses After False Break Price Action Trigger | 12th May 2016
Price on the EURNZD daily chart has now started to move lower after it formed a bearish false break pin bar price action trigger signal. As I show on the illustration below and I am about to take you through in detail; price on the daily price action chart attempted to breakout of the major …
Engulfing Bar Creates Base & Price Action Reversal for GBPAUD | 9th May 2016
This is a pair that in recent times has been absolutely chock-full of price action clues and tip-offs, if you have the know-how to read them and know what they mean. As you are about to read and find out, we have had Bullish Engulfing Bars (BUEBs), Inside Bar (IBs) and price reversing after …