The SGDJPY has fired off a Bearish Engulfing Bar = BEEB at a major daily resistance level on the 12 hour price action chart. Whilst the trigger signal is always important for any trade that we assess, the level is an important one in this market. As you can see on my daily chart below, this level …
Price Action Charts in Focus
Price Breakout on NZDCHF Forms Textbook Teaching Point | 23 Oct 2015
Wow, oh wow - the market is on fire. Someone or something has lit a fire cracker underneath it, and then thrown fuel on it! From the major stock indices, such as the Germany 30, that are breaking out of long held ranging and consolidation phases with big breakouts to Forex pairs that are making huge …
SGDJPY Fires Off Price Action Inside Bar on Daily Chart | 2nd Feb 2016
Price on the SGDJPY has fired off a Price Action Inside Bar rejecting a major price flip level on the daily chart time frame. As both the zoomed out and standard daily charts show below; this level that price has now formed the inside bar at is a really crucial one for this market. Whilst price …
