Weekly Forex Chart commentary & Trade Ideas February 22h to 26th 2016:
Hi there, this is my personal opinion, and this is not advice or a recommendation, it is educational and general information only.
That’s all I see.
EURUSD: if you look this pair on monthly time frame, you see one big pinbar, that comfirm, if broke, the down trend renewal, so in this case, we wait and if price form a price action signal on tf daily and 50% of this pinbar……. take profit on 1.00 level
AUDUSD: this pair fome a engulfing bar, but higest don’t is abve the previous, and lower don’t is below the key support, so I guess there is a possibility….
EURJPY: this pair form a price action signal on ema 8d to confirm the strong downtrend, maybe we expect a signal on superior resistance level, but also this, for me is not bad….
These are MY some considerations about price action signal every day formed on Mr Price Action indicator. To know all signals please visit the link below. See you soon!!