The EURAUD has stalled at a key support level on the daily price action chart. As the first daily chart that is zoomed out below shows; this key level has been a super important price flip level, flipping between acting as both a support and resistance in recent times. Price has been in a really …
Price Action Charts in Focus
USDJPY Fires Off 8 Hour Price Action Pin Bar Reversal | 10th Dec 2014
The USDJPY has fired off a pin bar reversal on the 8 hour price action chart. This pin bar reversal is sticking out and away and is down at a swing low within the strong recent trend higher. Price as the daily chart shows below; has been in a super strong trend of late higher with price making a …
Silver Engulfing Bar Has Price Stuck at a Crucial Daily Level | 9th Dec 2014
Price in the Silver market has moved up on the back of a huge Bullish Engulfing Bar (BUEB) to be now testing a crucial level on the daily price action chart. This level that is now holding as a resistance, flipped to become what I often refer to in this blog as a price flip level. As the daily chart …