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FX:AUDUSD   Australian Dollar / U.S. Dollar
165 2
Simple AB=CD Retracement + Oversold Stochastic . :-) Thank Me Later

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Hey Luvolwethu, what you will often see is price retraces back to atleast half the distance of a previous test candle's wig(pinbar) that way you can get a much better entry goodluck !
+1 Reply
Luvolwethu dinnersticks
@dinnersticks, Thanks so much for your input mate:-). I moved my stop loss further , so I didn't get stopped out at all
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