Last week we posted about the bearish engulfing bar on the GBPJPY. This came of to the downside and hit the recent support area. Notice how price fell into a very confluent zone where traders could look to take longs with Price Action. This level was the 50% swing point, rejecting the Very Big Round …
Price Action Charts in Focus
USDCAD Recap
The Pin Bar that was posted in Charts in Focus on the weekend has now come of to the downside nicely. This has now given traders the chance to either take profit or move to break even. This setup was discussed fully in the members forum with many members being able to jump aboard. If traders …
AUDCHF Breaks Lower
The AUDCHF has broken lower breaking recent support. Price has a good chance of retracing to this old support area. Price Action traders could look for this old support to hold as new resistance. Should Price Action present on the intra day charts traders could look to get short with the recent …
