In recent times in this blog we have covered how the USDJPY has been in a super strong up-trend. When trading the Forex market the trend really is your friend and when you can identify an obvious trend like has been in place on the JPY pairs it is best to trade with it and not fight against …
Price Action Charts in Focus
AUDUSD Pin Bar Recap
After posting about the Pin Bar Reversal on the daily chart in this blog, price burst higher to push into the resistance and round number of 1.0300. To see this previous post see Here: AUDUSD Pin Bar Reversal Once price broke the high of the pin bar it moved higher before reaching resistance and …
AUDUSD Pin Bar
The AUDUSD has formed a Pin Bar reversal on the daily chart. This Pin Bar is formed at a key support level and is well defined as well as sticking away from all other price. Price has been trading lower lately with all momentum to the downside. In the recent few days we can see price has been …