Price has started to retrace back lower and into a major daily support level after price action fired off a 2 Bar Reversal trigger signal at a swing high. After breaking the low of the 2 bar reversal, price has collapsed and run lower breaking into all the space that was there for price to move …
Price Action Charts in Focus
Aussie 200 Rotating Back Into Value Intraday Hot Spot | 9th June 2015
Price on the intraday chart of the Aussie 200 or the Aus200 stock index is rotating back higher and into a really key value area that could be an important hot spot for traders to start hunting short trades. (When I refer to the intraday I am meaning everything under the daily time frame). Price …
Nat Gas Engulfs Previous Two Candles With Price Action BEEB | 20th May 15
The Natural Gas or XNGUSD daily price action chart has formed a Bearish Engulfing Bar (BEEB) engulfing the previous two candles. This engulfing bar has formed after a large run higher in recent times with price having made a steep climb off a double low. As the daily chart shows below; price was …
