Outside Bar and Pin Bar on AUD/USD

Outside Bar on USD/JPY

Near the key offer area of 0.74200-0.74400, several classic patterns of the Price Action methods – Outside Bar and Pin Bar (H4 timeframe) were formed. These formations indicate the development of the bearish sentiment. We recommend you to pay attention to this situation. Confirmations and entry points to the market are better to look on smaller timeframes.

The closest target for profit taking is the support level of 0.73500.

by JustForex, 2017.05.16

Este artículo representa una opinión personal y no debe interpretarse como un consejo de inversión, y/u oferta, y/o una petición persistente para llevar a cabo transacciones financieras, y/o una garantía, y/o un pronóstico de eventos futuros.

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