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chinly90
Aug 18, 2018 5:55 PM

Long the pin bar retracement Long

USD/JPYOANDA

Description

I am looking to long at the retracement 0.618 of the pin bar.
Hopefully, the support can hold and the price can go a lot higher.

If the price did go up, it is possible to break the resistance.
Let's see.

Comment

Let's take a look at H4 chart.
[img]
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It also forms an inside bar and it did break.
I would like to long at the retracement 0.618 of the formation.

That's the same concept at Daily chart, it is a tight SL point.

Trade active

Trade closed: stop reached

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