AUDUSD 4HR
The AUDUSD formed a Bearish Engulfing Bar yesterday. This Price Action was from a previous support area that held as resistance. Price had been in a solid dowtrend on the 4hr chart and getting short was the best choice in this market.
Well done to all the members in the members forum who took this or the AUDCHF setup.
GBPCAD DAILY
Another solid setup covered by Senior Trader Jeremy in the members forum was the daily Bearish Engulfing Bar on the GBPCAD. This setup was rejecting very big round number of 1.600 and has now fallen into the logical support area.
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