Bullish Pinbar w/ excellent support confluence on AUDCAD
Updated
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
Entry: Pinbar high + 1 pip
SL: Pinbar low - 1 pip
1st TP: ~.9495
Trade active
Order entry reachedNote
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
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