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Vytasbcn
Jul 8, 2016 9:24 AM

a pinbar at resistance? Short

New Zealand Dollar/U.S. DollarFXCM

Description

Now it could be just a consolidation, but the pinbar is at resistance zone for 1H, 4H, D and W TFs. I am holding a short position with SL just above it, so I hope for a good pullback before attacking it again. If we get a pullback on a weekly TF, I expect it to be to around 0.69 area.

Trade active

I have posted another 1H chart. Shorted higher finally.

Trade closed manually

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