The GBPJPY has fired off a Pin Bar reversal on the daily price action chart that is rejecting a support level that was an old resistance area where price had previously tried to bust higher, but failed. Price is now trying to hold at this new support level as a new price flip. Whilst this pin bar …
Price Action Charts in Focus
Can Silver Finally Bust Higher Back Higher? | 7th Jan 2015
The price on the daily Silver price action chart has been stuck in a tight consolidation period for over two months now after being smashed lower. Like a lot of the other commodities such as Oil and Gold, in recent times Silver has been in a heavy down trend with the price being heavily discounted …
GBPUSD Starts New Year With Huge Move Lower | 6th Jan 2015
Firstly I want to say Merry Christmas and Happy New Year to all of you loyal traders and followers who follow this blog regularly. I hope you have had a really great New Year and also had a chance to take a break away from the charts to refresh and spend time with your close family and friends. The …