Daily Price Action
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Category Archives for Free Forex Trade Setups

AUDUSD Bearish Engulfing Pattern Forms at Channel Resistance

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AUDUSD weekly descending channel

Want more price action setups? Join our Exclusive Member’s Community The market finally appears to have digested most of the drama that we’ve been exposed to over the past couple weeks. Between Greece, Ukraine and uncertainty surrounding the US dollar, this month has been rather hectic for price action. The first setup I want to highlight is the […]

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AUDNZD Range Provides Potential Buying Opportunity

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AUDNZD daily forex chart

Want more price action setups? Join our Exclusive Member’s Community AUDNZD is currently moving within a descending equidistant channel on the daily chart. The pair produced a bullish pin bar on the daily and weekly chart as it recently came off channel support. This gives me reason to believe that higher prices are in store. How much higher? […]

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AUDJPY Terminal Pattern Offers Bears a Second Look

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AUDJPY 4 hour forex chart

Want more price action setups? Join our Exclusive Member’s Community I’m loving this AUDJPY rising wedge that has been forming on the 4 hour chart since early February. The levels are clean and the pattern fits perfectly within the broader AUDJPY decline. Patterns such as this most often signal a continuation of the preceding trend. Given the fact […]

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Weekly Forex Forecast (February 23 – 27, 2015)

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USDCAD 4 hour forex chart

Want more price action setups? Join our Exclusive Member’s Community We have a lot of great setups and potential setups to watch in the week ahead. One pattern I’m keeping a close eye on this week is the wedge pattern that began forming late last month on USDCAD. I’m hesitant to treat this as a bullish continuation pattern […]

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NZDUSD Slams Into Major Resistance

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NZDUSD daily forex chart

Want more price action setups? Join our Exclusive Member’s Community Today we’re going to take a look at a resistance level that I’ve had my eye on for quite some time on NZDUSD. The market actually touched this level on the 18th but we didn’t get any solid bearish price action that told us the level was likely […]

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