AUDUSD
Interesting situation here. Yesterday we saw sell signal in shape of Outside Bar, but Stop Loss in comparison with potential Target Point was too big so position wasn’t opened. Last candle is a Pin Bar and it can be an opportunity to open short position.
EURAUD
This pair is decreasing in direction of support. I will watch H4 in looking for Price Action signal, then we can open long positon consistent with the trend.
If you are interested in Price Action Strategy description, you can read it here.
GBPCAD
Yesterday I hit the Stop Loss here. Unfortunately huge emotions on pound brought the pair below last Thursday’s Pin Bar, however yesterday’s candle is also a Pin Bar so we can consider opening long position on 50% retracement.
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GBPCHF
Friday’s candle is a good opportunity to open short position. It has as big as 130 pips of Stop Loss, but Take Profit is huge too – 300 pips, so the minimal RR is fulfilled.
NZDJPY
I watch this pair all the time because now there is re-test of earlier support, which should now become resistance. If there will be any sell signal I will open shorts consistent with strong bearish trend.
