Sunday, 9 October 2011

EUR/USD Analysis

Bearish pinbar formed on the daily timeframe

It has rejected 8ema and off 13494 support
Bounce off upper trendline
61.8 retrace
With Trend

Short order as per below:

STOP: 13529
ENTRY: 13441
LIMIT: 13265

Risk/reward: 2/1

1 comment:

  1. Was stopped out of this trade yesterday. pinbar failed

    ReplyDelete