Gold has smashed through a key support level on the daily chart and closed through, with the bears in the last session clearly in control. This support that price has just broken through, has been a key level previously and has acted as both a key support and resistance in the past. Traders can look …
Price Action Charts in Focus
EURCAD Price Action Kill Zone | 23 Aug 2013
Price has broken out on the daily EURCAD chart of the key resistance level. Price is in a clear up-trend in this market with price making higher highs and higher lows which is a key indication in all up-trending markets. Price in recent days has run harder to the up-side and has burst through a very …
EURAUD Flies Higher After Bullish Engulfing Bar | 22 Aug 2013
Price has soared higher on the EURAUD daily chart after forming a bullish engulfing bar (BUEB). This setup was posted live on this blog as it was forming on Tuesday 20th August and you can see the original post HERE. This BUEB was a high probability price action setup because it had many factors …