The Live Trade Set Up Part 2 is what is currently going on in the market. The article is not based on past historical charts. So many articles have been written concerning Forex, therefore the practical aspect of it is very important that is why I have decided to always base my articles on current Market situations. In this article, I will cover set up on Weekly and Daily time frames. The Weekly chart will last for one Week if triggered while the Daily chart will last for two days if it triggered. The Weekly pairs are as follows; AUDJPY, AUDUSD, CADCHF, EURJPY, EURNZD, GBPAUD, GBPNZD, NZDCHF, USDCHF and USDJPY AUDJPY WEEKLY CHART The price hit the weekly Resistance while on a bullish trend but as price hit the resistance reacted to form a Candle reversal pattern called Bearish Pinbar. The indication shows that the pair will experience a bearish trend. To trade the pairs you must use a sell stop as the entry mode. Below image shows the price action of AUDJPY AUDUSD WEEKLY CHART The price hit the weekly Resistance while on a bullish trend but as price hit the resistance reacted to form a Candle reversal pattern called Bearish Pinbar. The indication shows that the pair will…
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