The USDCAD has fired off a large Pin Bar Reversal on the 8hr price action chart. This pin bar reversal is a 2 bar reversal on the 4hr chart that when combined on the 8hr chart makes a valid pin bar. This pin bar is a large, obvious and meets the three basic criteria. It is also sticking out and away …
Price Action Charts in Focus
Gold Forms Inside Bar & is Winding Up Tight For Breakout | 27 May 2014
The Gold price is winding up tighter and tighter on the daily price action chart and in the most recent session fired off an inside bar. Price in recent times has come from a wide base to be now squeezing in a super tight range and as we often talk about in this blog, the longer these tight …
NZDCAD Fires Off Price Action Engulfing Bar | 28 May 2014
The NZDCAD has fired off a small Bullish Engulfing Bar (BUEB) on the daily price action chart. This engulfing bar is small and not commanding like the best trade setups. Price in recent times has been moving lower after price fired off a false break pin bar. This false break pin bar made a clear …
