{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/usdchf-bearish-engulfing-bar-recap\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/usdchf-bearish-engulfing-bar-recap\/","headline":"USDCHF Bearish Engulfing Bar Recap","name":"USDCHF Bearish Engulfing Bar Recap","description":"Last week the USDCHF formed a very solid Bearish Engulfing Bar at resistance. Price has now sold of and given Price Action traders a chance to take profit. Price is now at recent support. If price breaks this support we may see a sustained move lower, however if this support holds a retest of the [&hellip;]","datePublished":"2012-03-20","dateModified":"2019-08-04","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2012\/03\/usdchf.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2012\/03\/usdchf.png","height":"238","width":"580"},"url":"https:\/\/forexschoolonline.com\/usdchf-bearish-engulfing-bar-recap\/","about":["Price Action Charts in Focus"],"wordCount":64,"articleBody":"Last week the USDCHF formed a very solid Bearish Engulfing Bar at resistance. Price has now sold of and given Price Action traders a chance to take profit.Price is now at recent support. If price breaks this support we may see a sustained move lower, however if this support holds a retest of the recent resistance looks likely.&nbsp;USDCHF DAILY CHART&nbsp;"}