Pin bar on resistance line

15 Ağu 2018

GBP/AUD is planing to resume its bearish trend rally after 4 days of bull trend.

15 Ağu 2018

Not

1D Chart :
If today bar close as a classic bearish pinbar then tomorrow will probably be a bearish bar day.
the candlestick were not able to hold and close above the 20 EMA, which means we have more seller then buyers.


4H Chart:
price must close below the neckline. the retest it for confirmation.

16 Ağu 2018

Not

broke below the neckline
time to sell after retest of the neck line and the EMA