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Australian Dollar/Canadian Dollar
Long
Updated

Bullish Pinbar w/ excellent support confluence on AUDCAD

52
A bullish pinbar is forming on the 1 hour chart at a strong support level. If this candle keeps a proper pinbar formation and price breaks the high, the trade will be triggered.

Entry: Pinbar high + 1 pip
SL: Pinbar low - 1 pip
1st TP: ~.9495
Trade active
Order entry reached
Note
In case the 1 hour entry was missed a similar scenario is playing out on the 4 hour chart. The entry based on the 4 hour will be a bit higher but it looks solid.
Trade closed manually
Price was unable to break shortterm resistance and trade was closed at BE
nboone
AUDCADPAPin Barpriceaction

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
AUDCADPAPin Barpriceaction
nboone

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.