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BrouEbo
Jul 10, 2017 12:50 PM

CADJPY Resistance, PinBar inside Bar Long

CAD/JPYOANDA

Description

We are on resistance Level (Very risk as Price was rejected twice on the 2017.01.10 and 2016.12.15)
We have a double inside Bar
Two Bearish rejection bar (Candle 1 and 2)
Current Candle will expire in less than 10min and we currently have a rejection with a low that touched the 9 period SMA.
Let risk small and follow the trend in case the PinBar is sure and prices close above the low of candle 3
Comments
BrouEbo
By trying to risk small , Price did not retrace before going up. My Buy Limit was not triger... :)
BrouEbo
@BrouEbo, And I am in
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