The NZDUSD has now moved lower after forming a bearish engulfing bar (BEEB) on the 8hr chart. The BEEB formed up at a solid swing high and was rejecting the logical recent resistance zone that had been critical in recent times for this market. This A+ price action setup was also with the recent …
Price Action Charts in Focus
CADJPY Inside Bar & USDCHF Pin Bar Recap
CADJPY Inside Bar The CADJPY has formed an Inside Bar (IB) on the daily chart. Over the last few months we have made many posts about the strong trend that has been in place on most of the JPY pairs. This trend higher has been in full flight and other than a few pauses, it has been unstoppable We …
EURUSD Update & USDCHF Counter Trend Pin Bar
USDCHF DAILY CHART The USDCHF has formed a super large Pin Bar reversal. This Pin Bar has a huge nose and is sticking out, up and away from all other price like the best Pin Bar's do. The one worry with this Pin Bar is before it formed the obvious trend has been clearly moving higher and to take …
