Our picks from yesterday's trading sniper video were spot on but let's move forward and try to find another three good trading setups. First one is the EUR/USD, which is having a third green session after creating a bullish engulfing pattern on the long-term up trend line. That was a great buying opportunity. The target is the 1.2530.
CAD/JPY created a beautiful reversal with an Inverse Head and Shoulders pattern and thanks to that, already managed to retrace more than 38.2% of the recent drop. That Fibonacci line will be now a closest support. Sentiment is positive.
Crude Oil WTI bounced from the long-term up trend line and is aiming at the horizontal resistance. What we are having here is an ascending triangle pattern, which in theory should result in a bullish breakout and a further rise in the price.