Quite a few Forex pairs have formed 2 bar reversals on the daily price action chart such as the USDJPY and GBPAUD charts. Whilst neither of these are perfect price action setups, they could be hinting at higher prices if price can break higher and gain momentum. In yesterday's commentary we …
Price Action Charts in Focus
AUDUSD Moves Lower After Engulfing Bar and Sets Up New Kill Zone | 22 Nov 13
The AUDUSD has moved lower and broken through a key support level after breaking the low of a bearish engulfing bar (BEEB). This BEEB was formed rejecting a key resistance level. Once price broke the low of the BEEB it got a lot of momentum and broke through the key support level which may now look …
Forex Pairs Setting Up and Moving Into Kill Zones For A+ Trades | 26th Nov 2013
For traders who like trading high probability price action setups with the strong trend and from key levels, there are a lot of Forex pairs moving into key levels and kill zones about to set up for potential A+ high probability trades. One example of a potential move into a key level to hunt for a …
