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 & …
Price Action Charts in Focus
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 …
Gold Fires Off Pin Bar on 1hr Chart | 15th Oct 2013
Gold has broken a key price flip area on the daily price action chart and is now looking to make a break lower into the next support level if it can gain momentum lower. After Fridays session price closed below the key daily support level. This close below the support level was crucial because it …