AUS200 HAS BEEN IN AN UPTREND, THERE IS A SIGNIFICANT 4H BULLISH PIN BAR ENTRY, ENTER AND PUT YOUR STOP LOSS BELOW THE WICK OF THE 4H PIN BAR OR IF YOU WANT TO TAKE A BIT MORE RISK, PUT YOUR STOP LOSS BELOW DAILY PIN BAR CANDLE
Similar pattern on the Dax / Germany30. Could buy the breakout of the ascending triangle on that one too.
forex4london
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Good analysis, I can see what your looking at. Should play at what your saying let’s see!
oioi123
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@forex4london enjoy your profits , currently in £800 profit
Captain_Walker
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Interesting situation. Nice channel there.
The burn down of the latest batch of daily candles looks worrying to me. That's 6 days south. The third candle back from the current position shows the same sort of candle wick.
oioi123
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@Captain_Walker nothing to worry about. 6 days of bearishness to the trend line with a pin bar on it is more of a reason to catch the retracement move up.