The USDJPY has fired off a Pin Bar on the weekly price action chart. This pin bar is small when comparing to the very best of pin bars, however it is rejecting a key weekly support level. Price over the longer term on this pair has been in an up-trend on the weekly chart for almost 18 months with …
Price Action Charts in Focus
EURJPY Breaks Engulfing Bar and Moves Into 50% Fibo on 4hr Chart | 7th Feb 2014
Recently in this blog we discussed a Bearish Engulfing Bar (BEEB) that had formed on the EURJPY daily chart that was looking to send price lower if price could confirm the signal and break the low of the BEEB. You can find the original post here; EURJPY Fires of Bearish Engulfing Bar. Price did …
Daily Pin Bar Reversal Fired Off on AUDNZD Price Action Chart | 5th Feb 2014
The AUDNZD has fired off a daily bearish pin bar reversal that is sticking out and rejecting a key resistance level. This pin bar has a long nose that is protruding up and through the key resistance level and is formed meeting the criteria to be a valid pin bar. Price on the AUDNZD in both the …
