marvinenriqueznavarro

Inside Bar Pattern on EURAUD

Long
FX:EURAUD   Euro / Australian Dollar
Price is now sitting on key level of support and we have big room potential to the upside around 1.52000. Now price is forming an inside bar pattern, a potential breakout pattern to the upside. An ideal entry would be a buy stop entry above the high of the base bar. Trade safely
Comment:
it seems that that this trade had been stopped out due to the recently created big pinbar. looking for a re entry on the 50% range of that pinbar.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.