EURUSD
If you are interested in Price Action Strategy description, you can read it here.
It seemed, that after breaking the resistance pair should stay above it. In the commentaries below the previous analysis someone asked why I do not consider bearish pin bar from D1 chart. The answer is really simple and shows my own trading style. I do not like too complicated setups – so when currency pair is above the support I go long and if below I go short. You have to remember that pin bars that are not near the important S/R lines will not be effective.
GBPUSD
Really nice purchase signal in the shape of pin bar candle (H4 TF). Strong correction brought price near the support zone. Will we get another good signal or potential SL? Future will bring the answer – as I said previously, it does not look too technical for me.
