samuraichopsticks
Short

AUDUSD Pin bar at key structure

FX:AUDUSD   Australian Dollar/U.S. Dollar
Back to basic simple price action entry at key structure short entry @0.9301. Aiming for T1 and extended T1 between 0.9250 and 0.9240. With all those harmonic strategies in my head I sometimes forget this simple pin bar entry...
Holy crap... T2 just got raped...!
+2 Reply
ForceFollower samuraichopsticks
Excellent job!
+1 Reply
I'm OK. with your T1 target, less so about your T2. No new highs yet, I admit, but I still expect some rally to develop sooner or later.
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samuraichopsticks ForceFollower
I would agree with you yesterday if 0.9300 would have a close above. Today is for me the final day in an attempt to break above it. But because of this pin bar I did choose to go bearish because we got 2 weeks of bearish candles rejecting 0.9400 which is 0.618 fib from October high to January low. For now any direction is possible. I'm happy with 40pips if T1 gets hit ;)
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