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 …
EURUSD Bounces From Support
The EURUSD has found support on the daily chart and bounced higher forming a bullish rejection candle. If price breaks higher from here resistance comes in close over head around the 1.3200 area. Should price fail to rally higher a re-test of the very big round number of 1.300 would look …
AUDJPY Bearish Engulfing Bar
The AUDJPY fired of an A+ Bearish Engulfing Bar during yesterdays session. This Bearish Engulfing Bar was formed at a key pullback area and within the very strong momentum. A big shout out goes to Ivoman who is a Senior Trader/Administrator in the Members Only Forum who tipped of all the members …