The AUDUSD has fired off a bearish engulfing bar (BEEB) on the price action daily chart. The trend on the daily chart has been higher of late and this BEEB is against this trend, however this BEEB is large and engulfing the previous two candles. Price had been roaring higher with this up-trend in …
Price Action Charts in Focus
EURUSD Moves Higher In-line With Weekly Engulfing Bar | 23 Oct 13
Price on the EURUSD daily chart has shot higher after the weekly chart produced a bullish engulfing bar (BUEB). The key to price moving higher was that it was able to move out of the range area on the daily chart and close above. I talk about how this works in-depth this in my recent article & …
AUDUSD Moves Into Price Action Up-Trend After Breaking Key Level | 22 Oct 2013
Price on the daily chart of the AUDUSD is now as I write this blog post testing the daily resistance area. Price has been roaring higher off late on this pair with price moving higher of it's double low to create a new up-trend for price action traders to take note of. Price has recently broken a …