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Baiazid
May 1, 2014 6:52 AM

Pin bar confluence Long

Australian Dollar/U.S. DollarFXCM

Description

29-04-2014 Pin Bar confluence with EMA200 and trendline
Comments
ForceFollower
Probably about to make one step down to make two steps up later on. Momentum cycle is not favourable for the breakout at the moment. We'll probably have to wait a bit (max 24 h).
Baiazid
Yep the last 6 days are funny. No movement at all. Last 2 weeks: easter and anzac day holidays, ...
Baiazid
Only think that I am afraid off is GOLD. AUD USD keeps good rels with gold and now gold looks bearish to me
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