Today we present really short PA Setups, because I don’t see any opportunities on the market. I will not look at GBP pairs at least till Brexit vote because of high volatility.
EURCAD
Position was opened yesterday and now it is losing. It was really close to hit the Stop Loss but so far it was defended. There is consolidation on the support, trend is bullish. We just have to wait.
If you are interested in Price Action Strategy description, you can read it here.
USDCHF
Pair decreased sharply lately, then there was bullish correction and Monday’s session ended with sell signal in form of pin bar. We can consider opening short position with 40 pips of SL and TP 140 pips. Maybe it is not high RR but it is solid.
USDJPY
Yesterday pair tested strong support area and the candle looks like pin bar. I am not convinced about opening long position but signal is quite clear. So far I will wait for some bearish correction or maybe another test of the support.