Wednesday, 22 August 2012

AUD/USD Analysis

Pinbar candle formed on daily timeframe Inside bars (ideal to break 10527 but risk reward would be too low) Moving averages still crossed up Rejected 10446 support 4 times Rejected 21ema 4 times With trend Order to go long: STOP: 10405 ENTRY: 10463 LIMIT: 10637 RISK/REWARD: 3/1
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1 comment:

  1. Tee Man23 August 2012 at 12:44

    False break of 10527 level. still time but I don't,like the look of,this anymore so am canceling

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