Trade Ideas: AUDUSD Bearish Pin Bar Signal & GBPUSD Buying A Pullback – April 23rd, 2021

Trade Ideas: AUDUSD Bearish Pin Bar Signal & GBPUSD Buying A Pullback – April 23rd, 2021. Yesterday, price invalidated the bullish Pin Bar signal that had formed at the 1.3917 short-term support level earlier this week (We did not consider trading this signal, as we preferred to buy on a deeper pullback – discussed in April 22nd newsletter). Earlier this week, price surged aggressively from the Bullish Fakey +  Giant Tailed Bar setup that had formed within the 1.3671 – 1.3759 key support range late last week (Price initially false break down below the inside bar pattern that we discussed in the previous newsletter, before aggressively reversing back up to form a Bullish Fakey setup).

The post Trade Ideas: AUDUSD Bearish Pin Bar Signal & GBPUSD Buying A Pullback – April 23rd, 2021 first appeared on Learn To Trade The Market.

Original source: https://www.learntotradethemarket.com/forex-trading-commentary/trade-ideas-audusd-bearish-pin-bar-signal-gbpusd-buying-a-pullback-april-23rd-2021

You May Also Like