The NZDUSD fired off a pin bar reversal that we discussed in this blog in our 10th June Forex Daily Market Summary. This pin bar was a solid pin bar that was up at the high and sticking out and away and rejecting the key daily resistance level. This pin was also a decent size and if price could have …
Price Action Charts in Focus
Oil Looking to Move Into Daily Price Action Kill Zone| 19th June 2014
Price on the price action daily chart of Oil (WTI v USD) has recently broken out and is now looking to retrace into a potential kill zone. After breaking out of what was a really solid resistance level, price made a solid run higher before firing off a small bearish rejection candle. Price is now …
Brent Oil Fires Bearish Engulfing Bar on Daily Price Action Chart | 24th June 14
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 …
