Pin bar reversal

31 Mei 2016

Price is currently trending down. Pin bar has formed at an area of pull back and at an area of support and resistance. Price also rejected the 8 day MA. Limit order is placed conservatively at half way of the pin bar range, waiting for a retrace of price. Risk to reward is 2.

1 Jun 2016

Trading ditutup: stop tercapai

Price pushed higher to a previous resistance level, reaching stop price.