This was a perfect Pin Bar on AUD/USD daily chart. Long protruding nose, open and close in the lower third of the bar and perfect 61.8% retrace (Pin bars usually retrace 50% - 61.8%).
Regards,
Dan
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Pin Bar, followed by a smaller Pin Bar (also an inside bar). Entry above the high of the first largest PB. Take profit whenever you want, ie: 70 pips profit at 61.8% retracement - was hit without problems.
Have fun with them
Regards,
Dan
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The Following 2 Users Say Thank You to Dan For This Useful Post:
You don't have to catch the full swing yourself. 50 - 100 pips on each winning setup is enough to keep that forex account of yours growing pretty fast.
Be well,
Dan
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Perfect Pin Bar with retracement.
Linear Mode
