The GBPAUD has smashed lower on the 4hr chart, managing to take out a lot of minor levels and push well lower. This move lower was kicked off by a large false break Pin Bar that set a trap to take the bears out of the market. Once price had pushed passed the lows of the Pin Bar, price got a lot …
Price Action Charts in Focus
AUDNZD Two Day Pin Bar
The AUDNZD has formed a Pin Bar on the two day chart or a Two Bar Reversal on the daily chart. Whilst this Pin Bar is against the most recent up-trend it is formed rejecting a solid and proven resistance area. The near term support level for this pair comes in close around the 1.2520 area. If …
GBPCHF Two Day Pin Bar Live Setup
The two day chart of the GBPCHF has formed a bearish Pin Bar Reversal. This Pin Bar is formed rejecting the recent resistance level and is also formed in-line with the recent trend which has been lower. The near term support level for this pair comes in fairly close below around the 1.4070 level. …