Wednesday, March 11, 2015

AUDCAD Price Action – Pin Inside Bar

The AUDCAD is trading in a congestion that seems like a triangle pattern after January highs. Yesterday the pair formed what in Price Action is called a Pin Inside Bar, in other words a Pin Bar enclosed inside the previous candle. A breakout of the Pin might be a short term opportunity for a buy. However, there are important news for the Australian Dollar in the next hours. Pay attention especially to the Employment Change.


Share/Bookmark

0 commenti: