Getting closer to resistance and 21-period EMA. It is very good level to look for short positions. I will observe H4 chart to look for some Price Action signals.



This position was opened in the middle of September and was secured quite fast. With 60 pips of SL it already was giving 500 pips of profit, but unfortunately resistance wasn’t tested and 50% of position was closed on BE.



This pair is testing quite important support. Trend is still bullish so it is worth to look for buy signals on H4 or D1 charts. You can invest on Forex market using XM broker.



No rebound possibility on Cable. Price is below support and next to it there is another one which gives possibility of another 500 pips down.



It looked like situation here is clear. After breaking resistance it should become support. However yesterday it was broke and currently it is not possible to tell when to play on this pair. We should just wait for better situation.

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

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