The USDJPY has fired off a pin bar reversal on the 8 hour price action chart. This pin bar reversal is sticking out and away and is down at a swing low within the strong recent trend higher. Price as the daily chart shows below; has been in a super strong trend of late higher with price making a …
Price Action Charts in Focus
Silver Engulfing Bar Has Price Stuck at a Crucial Daily Level | 9th Dec 2014
Price in the Silver market has moved up on the back of a huge Bullish Engulfing Bar (BUEB) to be now testing a crucial level on the daily price action chart. This level that is now holding as a resistance, flipped to become what I often refer to in this blog as a price flip level. As the daily chart …
Gold V Euro Testing Very Important Key Daily Level | 4th Dec 2014
The XAUEUR or GOLD V EURO price has now moved up higher and into a very important area on the daily chart around the 984.50 level. Whilst the GOLD V USD has been flogged and has been heavily sold off for the past months and weeks, over the shorter term the GOLD V EURO has been trading sideways after …
