The AUDNZD is in a downtrend on the daily chart. Price has found support has been moving higher in the last few days. Price Action traders could be looking for logical areas to short to get in line with the trend. The chart below shows a very logical area that traders could look for Price Action …
USDJPY 2 BAR REVERSAL FINDS SUPPORT
The USDJPY Formed a weekly 2 Bar Reversal. This was covered in the Members Forum. Price has reached a logical target and has now found support. Price may now be looking to bounce from this support. Traders have been given the chance to either take some profit or at the very minimum protect their …
NZDJPY BUEB
A big shout out goes to Rob in the Members Forum for spotting this setup on the 4hr chart of the NZDJPY. The Price Action signal was a Bullish Engulfing Bar formed of a very solid support level. Price has gone higher and reached a very logical target giving traders a chance to lock in some profit …
