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daldertg

[AUDUSD] PIN BAR CANDLESTICK + AREA OF RESISTANCE

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Dólar Australiano/Dólar Americano (FX:AUDUSD)  
daldertg  
FX:AUDUSD   Dólar Australiano/Dólar Americano
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longtradesetup long_short longsignal long bullish bearish stoploss audusd #newyorksession audusdlong audusdshort riskreward supportandresistance support supplyanddemand aud usd priceaction morning profitable timeframes shortterm forexanalysis forex forextrader lowerhighs higherhighs forex4noobs currencies forexswingtrader swingtrading swing swingtradeshort swingtrade
AUDUSD

In this trade we can see a nice preceding bullish trend heading towards an area of resistance, next we see a nice pin bar candlestick which tells us that the bullish power might be transitioning to the bears. Confirmation is needed for me, so i executed a breakout entry below the low of the pin bar candlestick or also called Indecision Candle.

Trading Details:

Time Frame: 12hr
Entry: Below the low of the indecision candle (Pin Bar)
Stop loss: A few pips above the high of the Indecision Candle
Risk/Reward: 2:1
Account Risk: 2%
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