The daily price action chart of the Brent Crude Oil market has fired off a Bearish Engulfing Bar (BEEB) that is up at a swing high. Whilst this BEEB is a large trigger signal that is up at a high, it is also against the most recent strong momentum that has been higher after price recently broke out …
Price Action Charts in Focus
US Small Caps Rebounds After Price Action Engulfing Bar | 26th June 2014
The US Small Caps 2000 has now rebounded higher after falling lower in the previous session. Price had made a steep move lower during the session after a bearish engulfing bar (BEEB) had formed on the daily chart. After price broke the low of the bearish engulfing bar it gained momentum and moved …
CAC40 Fires Off Daily Chart Pin Bar | 27th June 2014
The daily price action chart of the CAC40 (France 40 Index) has fired off a pin bar. The traders who follow this blog regularly will know that we are often posting daily chart Forex price action trading strategies and a major reason for this is because that trading on the daily chart offers traders …
