On Friday we posted in this blog about a Pin Bar setup that had formed on the daily chat of the EURAUD. We spoke about this Pin Bar forming at old resistance which was holding as new support. To read that post see here: EURAUD PIN BAR Since posting the Pin Bar setup we can see that price did come …
Price Action Charts in Focus
EURAUD Pin Bar
The EURAUD has formed a Pin Bar reversal on the daily chart. This price action is bullish and could possibly lead to price moving higher. This Pin Bar has formed at and old resistance area. The old resistance area is now holding as new support. Price in this pair has been in an up-trend and …
GBPJPY Pin Bar
The GBPJPY daily chart formed a Pin Bar reversal. This Pin Bar was against the trend, however it had formed at the resistance. Once price broke the low of the Pin Bar price smashed lower and pushed through the near term support. Price may continue to fall lower from here and the next support …
