AUDNZD

It seems like it is getting close to some solution on this pair. After rebound from support price came back and Inside Bar setup was created. Now I can see 3 scenarios:

  1. Break below and close below mother candle range (green on the chart). Then we can set sell limit order on 50% retracement of signal candle with Stop Loss above.
  2. Break below and come back to mother candle range. Then we can enter long positions with market price and SL below it.
  3. Break above and close above mother candle range. It will be long signal and I will set buy limit order on 50% retracement of signal candle and SL below it.

AUDNZDDaily-4-20-2016-959x420@2x

GBPAUD

This pair stays below resistance. I still wait for test of this level and if there will be any Price Action sell signal on H4 I will enter shorts.

If you are interested in Price Action Strategy description, you can read it here.

GBPAUDH4-4-20-2016-959x420@2x

GBPJPY

Similar situation over here. Price is below resistance (earlier it was a little lower, but price wasn’t respecting it so I cancelled it) and I look for short positions. Signal should be on D1 chart because there are some gains lately so I will go against short term trend. Of course main trend is strongly bearish.

GBPJPYDaily-4-20-2016-959x420@2x

NZDUSD

Kiwi is falling in direction of support. It is worth to watch both H4 and D1 charts looking for buy signals on mentioned level. Bullish trend seems to be strong and it can be interesting transaction.

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NZDUSDDaily-4-20-2016-959x420@2x

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