AUDUSD Reversal to retest broken trendline

12 พ.ค. 2016

AUDUSD broke out of a major trendline, and took a deep fall with little retracement. Price met support at the retest of a weekly trendline, and is now showing a reversal pattern. If this next 4H candle closes as a pinbar, then that is the signal to enter long at its close. Stop loss should be set to .73248. Target .7715

12 พ.ค. 2016

บันทึก

Pin bar created close to the lows. Buy signal with a stop loss at .7290. First target .7500