The GBPUSD has smashed through a key support price flip level on the daily price action chart. Price in recent times has been trading strongly higher, with price making solid higher highs and higher lows, but in yesterdays session price made a clear break through the daily support level and …
Price Action Charts in Focus
Inside Bar Forms Winding Up Tight For Breakout on Gold | 5 Jun 2014
Price has formed an inside bar on the daily price action chart of the Euro/Gold chart (Symbol XAUEUR). Price has been in a move lower since price formed a large Bearish Engulfing Bar (BEEB) at an extreme high and once price broke lower, a new momentum lower was in play. In recent days price has …
USDJPY Moves From Weekly Pin Into First Area | 19th Mar 2014
On the 13th of March I posted to this blog a pin bar that had just formed live on the weekly chart of the USDJPY. You can read the original post here: USDJPY Fires Off Weekly Pin Bar Reversal. This pin bar had formed rejecting a key weekly support level and was also in-line with the strong long term …
