Wednesday, 25 September 2013

AUD/CAD Analysis

Pinbar candle created on daily timeframe, candle created inbetween 8 and 21ema, Higher-lower movement, Trend up, 9643 support holding, pinbar on 4hr timeframe adds to bullish case, weekly trend up, 50% retrace of 12th sept low ORDER TO GO LONG: STOP: 9621 ENTRY: 9652 LIMIT: 9776 RISK/REWARD: 4/1
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2 comments:

  1. Tee Man26 September 2013 at 22:23

    Order triggered. Good start to the day followed by a reversal to the entry price forming a bearish type candle. 9643 support held though so ok thus far.

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  2. Tee Man29 September 2013 at 22:05

    Didnt work out, was stopped out Friday morning

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