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While most of the major markets have fallen into a violent mess We’ve managed to spot a trade hiding on the NZDJPY daily timeframe.  What we’ve seen here is the market start breaking down out of a containment support level, the EMA’s are now even starting to point downwards as the bearish momentum picks up. The EMAs are a nice trend filter and generally point in the direction of the core market pressure.

While most of the major markets have fallen into a violent mess We’ve managed to spot a trade hiding on the NZDJPY daily timeframe. What we’ve seen here is the market start breaking down out of a containment support level, the EMA’s are now even starting to point downwards as the bearish momentum picks up. The EMAs are a nice trend filter and generally point in the direction of the core market pressure.

Previously we discussed an Inside Day setup on the NZDJPY daily chart. A bearish setup formed when price broke out of containment, then retested the old support area as new resistance  At this swing point level, the market churned away and created an Inside Day. That happens when the market pauses and churns away at important levels in the market, and the high and low of the day and within the high and low range of the previous candle.

Previously we discussed an Inside Day setup on the NZDJPY daily chart. A bearish setup formed when price broke out of containment, then retested the old support area as new resistance At this swing point level, the market churned away and created an Inside Day. That happens when the market pauses and churns away at important levels in the market, and the high and low of the day and within the high and low range of the previous candle.

Earlier on we covered a bullish price action scenario on the GBPUSD. We looked at two bullish Rejection Candle signals that formed of a support level while making a higher low.  We used the retracement entry from the Price Action Protocol to take advantage of tightening up our stops here, and increasing our reward potential.  After being triggered in the market took off quite aggressively and pushed into fresh highs.

Earlier on we covered a bullish price action scenario on the GBPUSD. We looked at two bullish Rejection Candle signals that formed of a support level while making a higher low. We used the retracement entry from the Price Action Protocol to take advantage of tightening up our stops here, and increasing our reward potential. After being triggered in the market took off quite aggressively and pushed into fresh highs.

Last week we spoke about the AUDCAD daily chart which was set up for a bearish breakout. We had the classic double top pattern indicating that the market was ready to tip over. We’ve been following this one heavily in the War Room targeting key entry points in this downward movement.

Last week we spoke about the AUDCAD daily chart which was set up for a bearish breakout. We had the classic double top pattern indicating that the market was ready to tip over. We’ve been following this one heavily in the War Room targeting key entry points in this downward movement.

In this weeks War Room commentary we spoke about the potential for a bearish breakout on the AUDCAD cross pair. The Daily chart has double topped and is now testing the neckline of the pattern. The weekly close this week was very aggressive closing almost on the weekly low price.  Last trading session produced a bearish rejection candle signal, if prices do fall off the back of this bearish price action signal and break the neckline.

In this weeks War Room commentary we spoke about the potential for a bearish breakout on the AUDCAD cross pair. The Daily chart has double topped and is now testing the neckline of the pattern. The weekly close this week was very aggressive closing almost on the weekly low price. Last trading session produced a bearish rejection candle signal, if prices do fall off the back of this bearish price action signal and break the neckline.

In the previous discussion on the EURCAD daily chart we were talking about a bearish Outside Day signal that was triggered after a bullish indecision candle setup failed. Generally signals that fail often create outside candle signals in the opposite direction  This Outside candle setup did see plenty of bearish follow through as the market dropped significantly lower, the members chat room lit up with conversation about this trade and many War Room members raked in some nice profits on this…

In the previous discussion on the EURCAD daily chart we were talking about a bearish Outside Day signal that was triggered after a bullish indecision candle setup failed. Generally signals that fail often create outside candle signals in the opposite direction This Outside candle setup did see plenty of bearish follow through as the market dropped significantly lower, the members chat room lit up with conversation about this trade and many War Room members raked in some nice profits on this…

Revisiting this NZDUSD trade setup that we covered last week, where the market broke out of a resistive containment level, retested it as new support and dropped a bullish rejection candle combo for us price action traders and war room members to take full advantage of  We initially seen some nice bullish responsiveness from this trade setup after going for the retracement entry. Using the second rejection candle we were able to tighten up our stop loss to increase the trade reward…

Revisiting this NZDUSD trade setup that we covered last week, where the market broke out of a resistive containment level, retested it as new support and dropped a bullish rejection candle combo for us price action traders and war room members to take full advantage of We initially seen some nice bullish responsiveness from this trade setup after going for the retracement entry. Using the second rejection candle we were able to tighten up our stop loss to increase the trade reward…

To kick off the start of the trading week we had some relatively boring price action, most likely due to the market hanging for the high calibre news events that will be unfolding during the week.  However, when the market moved in the later New York trading hours the AUD kicked into action. With the AUD showing signs off bullishness during the market open, them gains quickly dissipated as the bears pushed AUD back downward later on, which is in line with the overall recent bearish AUD…

To kick off the start of the trading week we had some relatively boring price action, most likely due to the market hanging for the high calibre news events that will be unfolding during the week. However, when the market moved in the later New York trading hours the AUD kicked into action. With the AUD showing signs off bullishness during the market open, them gains quickly dissipated as the bears pushed AUD back downward later on, which is in line with the overall recent bearish AUD…

To kick off the start of the trading week we had some relatively boring price action, most likely due to the market hanging for the high calibre news events that will be unfolding during the week.  However, when the market moved in the later New York trading hours the AUD kicked into action. With the AUD showing signs off bullishness during the market open, them gains quickly dissipated as the bears pushed AUD back downward later on, which is in line with the overall recent bearish AUD…

To kick off the start of the trading week we had some relatively boring price action, most likely due to the market hanging for the high calibre news events that will be unfolding during the week. However, when the market moved in the later New York trading hours the AUD kicked into action. With the AUD showing signs off bullishness during the market open, them gains quickly dissipated as the bears pushed AUD back downward later on, which is in line with the overall recent bearish AUD…

At the beginning of this week we posted up some trade discussion in our War Room chart of the day section on a price action setup that formed on the AUDUSD daily chart  We have been targeting the AUDUSD lately as it has been a big mover. The trade setup we spoke about was some bearish rejection that we got off the upper trend mean value into the close of last week. Then on Monday the daily chart printed another Bearish Rejection price action signal.

At the beginning of this week we posted up some trade discussion in our War Room chart of the day section on a price action setup that formed on the AUDUSD daily chart We have been targeting the AUDUSD lately as it has been a big mover. The trade setup we spoke about was some bearish rejection that we got off the upper trend mean value into the close of last week. Then on Monday the daily chart printed another Bearish Rejection price action signal.

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