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AbdullahAljohani
May 1, 2015 10:58 AM

pin bar  Short

British Pound/Japanese YenFXCM

Description

i still believe there's great down power first the doji came to confirm the end of trend later came long pin bar which is very powerful sign of coming down move.
Comments
tcas
It can be a shot correction. If look on daily chart we can see a resistance and rising TL on 4H.
Let's see where it will go. But Iam not sure it'll be down.
AbdullahAljohani
i'm positive that there's new high coming, as you said this is only a correction not a new trend.
Ramsi
Excellent :-) really simple and straightforward analysis. Thanks
AbdullahAljohani
thnx
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