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Bullish pinbar formed at support. expecting 2:1 RR the least, possible even 4-5 if really patient and wait for few days to reach range resistance even 10+ RR
Price formed a bullish inside bar fakeout combo. targeting now new highs about 186
AU formed a bearish pin bar at resistance wich was previous support. Targeting .8500
AUDUSD formed bearish pin bar at resistance. If pin holds we look for a move down, if not I think there will be a fakout setup possibly.
This is a inside bar-
pin bar fakout combination signal
Target was hit on thursday
USDJPY formed a bullish pin bar signal. Trade levels are set. Good trading to everyone !
USDJPY formed a weekly bullish pin bar at 50% fib retracement. Looking long next week
Weekly bearish pin bar has formed off the weekly resistance. Looking short next week
Hope some of you got in at the 50 percent area, possible time to join will be tomorrow when the low is breaken. I got in 1.13600 holding it already nicely short
USDCAD at weekly major resistance formed a bearish pin bar wich indicates trend change.
Now You should be sitting on top of profits my trades are all open til 1.6050 area
Intraday entry opportunity
Another possibility to enter short from the inside bars break , wich is happaning at the moment.
GBPUSD in strong downtrend, showed some recent upward momentum wich was rejected on friday, leaving a pin bar rejection from resitance, now there are some inside bars, wich will indicate strong momentum after the break of the pin bar range. Probably down because the price hasn't retratraced much over 50% area and has stayed there for a while, so we have a good ...
Keep eye on
For those who missed todays entries, and we have now the inside bar pin bar combo, and lots of pins off the support, so a very promising trade next week I'm already long from yesterday.
USDCAD formed another bullish pin bar reversal signal now waiting for the price move to target resistance area, might even break the resistance and make new highs. Also tomorrow will be realeased high impact economical news.