In yesterdays commentary we posted about a Pin Bar that had formed on the daily price action chart of the NZDJPY. You can read the original post here: NZDJPY Fires Off Pin Bar Reversal. As discussed in that post there was a minor resistance level that was sitting overhead this pin bar that was a …
Price Action Charts in Focus
NZDJPY Fires Off Live Daily Bullish Pin Bar | 3rd Oct 2013
The NZDJPY has fired off a live bullish pin bar on the daily price action chart. This pin bar is rejecting the recent support level. Price during the daily session moved down lower to test the support before snapping back higher and creating the pin bar. Whilst this pin bar is valid and is sticking …
EURUSD Fires Off False Break Pin Bar | 2nd Oct 2013
Price on the EURUSD has moved lower after firing off a 4hr false break pin bar. This pin bar was making a false break of the recent key resistance level that had been containing price from moving higher. False break pin bars can be really high probability price action signals and once price broke …
