shorting AU due to:
- bearish pin bar on 4hrly, followed by bullish attempt to break and hold above 100Ma (4hr) which FAILED to do so.
Following candle was bearish engulfing 4 hourly candle.
Short with stop above the high of first candle mentioned, Target at 0.618 retracement of last swing up - just above 0.69
- bearish pin bar on 4hrly, followed by bullish attempt to break and hold above 100Ma (4hr) which FAILED to do so.
Following candle was bearish engulfing 4 hourly candle.
Short with stop above the high of first candle mentioned, Target at 0.618 retracement of last swing up - just above 0.69
Trade active:
entered on tombstone pin at hourly chart