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TheRavensForex
Feb 13, 2023 5:24 AM

AUDUSD Buy - the 4hr pinbar is formed, the higher low is confirm Long

Australian Dollar/U.S. DollarFXCM

Description

A possible sniper entry opportunity has arisen with a 4hr pin bar. The higher low set on the trendline and double bottom formation also confirm this. We expect the price to reach the first target at 0.685 and possibly continue to 0.70102.

Trade closed manually

Closed with 1% due to lack of volume.

Trade closed: target reached

target reached, congrats if you are still holding it :)

Comment

I took EURAUD sell instead, as it has more bounces and consolidation that has a higher chance to play out.
Comments
fredricksmmy9
With you
TheRavensForex
@fredricksmmy9, Thanks, I closed it for now.
fredricksmmy9
Just closed it right now also . You are the goat.
TheRavensForex
@fredricksmmy9, I appreciate your compliment :)
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