Price Action Trading Explained AudJpy March 12th 2016
AudJpy: Price Action Trading Explained
Hi guys, this week I want to focus your attention on this pair: AudJpy because, it’s possible to see the perfect price action trading signal, if price show this particular pattern near next strenght level.
Look this image:
In fact price, in recent months (downtrend confirmed), formed lower lows and higer lows, so if price reject this level (maybe form a pinbar or engulfing, one of these price action signal), we can look for a potential trade setup with a amazing Risk/Rendiment.
We’ll see in this week.
Certain that if you don’t have an indicator that analyzes 270 graphics in real time looking for the price action signals …. I don’t know how you can do that. Below you can see my price action indicator in action!!!!