Pippin Gypsy
Short

Pin bar + bullish engulfing confirmation...

FX:AUDJPY   Australian Dollar/Japanese Yen
225 2 1
Pin bar + bullish engulfing confirmation at rising TL and horizontal supports.
SteveTobin PRO
3 years ago
Hi, I think I might call this different, the pin bar is close to adoji and a bearish engulf comes just afterwards. Think I might just stay on the side lines and wait for a clearer opportunity
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Pippin Gypsy
3 years ago
You make a good point. I'm also taking into consideration that 97.00/96.90 has held as support for quite some time now. I see what you see too. A close below horizontal support will invalidate my trade idea.
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