Oil (WTI) on the 4 hour chart has now dropped lower and made the swing into the next support that we suspected it may do after confirming and breaking the low of the 4 hour pin bar reversal it had formed earlier in the week. In the 4th Feb EURUSD Pin Bar Reversal Daily Forex Commentary Post I …
Price Action Charts in Focus
US 2000 Fires Off Engulfing Bar on Daily Chart | 29th Jan 2015
The US 2000 index or the Russell 2000 Index has fired off a Bearish Engulfing Bar (BEEB) on the daily price action chart. This BEEB is up at the swing high and rejecting the major daily resistance area that as the daily chart shows below; has been a major daily resistance level in the past few weeks …
NZDUSD Breaks Out With Huge 4hr Engulfling Bar | 23rd Jan 2015
The NZDUSD has smashed out lower and through the tight daily range with a huge 4 hour Bearish Engulfing Bar (BEEB). The daily range that price had been contained within had seen price stalling and trading sideways for the previous few months before finally making a strong break lower inline with the …
