The USDCHF has printed off false breaks on both the daily and 4hr charts that have both created pin bars. Both these false break pin bar reversal signals are rejecting and cutting through the recent swing high area where price found resistance. There has been no clear trend on either the daily or …
Price Action Charts in Focus
EURJPY Fires Off Small False Break Pin Bar | 21 Jan 2014
The EURJPY has fired off a small false break pin bar on the daily price action chart. This pin bar is very small when comparing it to the very best pin bars however it is making a false break of the recent down swing and could be hinting at a move higher and into the near term resistance. If price …
Dax30 Moves Into All Time High After Bullish Engulfing Bar at Daily Support | 17th Jan 14
The Dax30 has moved into a new all time high on the daily price action chart after breaking the high of a Bullish Engulfing Bar (BUEB). The Dax30 is blue chip stock market index consisting of the 30 major German companies trading on the Frankfurt Stock Exchange. Price on the daily chart has been in …
