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preyes
Aug 8, 2014 7:55 PM

AUDUSD H1 Resistance With Evening Star Followed by Pinbar Short

Australian Dollar/U.S. DollarFXCM

Description

A good short setup with a positive risk reward at clear resistance. An evening star reversal pattern followed by a bearish pinbar gives a strong entry into the sell, and the stop should be placed at the high of the pinbar at around 0.92860, and a target of 0.92425 gives a good 1:2 risk/reward trade.
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