The Pin Bar that formed on the EURAUD 4hr chart and was posted in this blog yesterday screamed higher soon after posting. This setup was also heavily discussed in the members forum.
Well done to all the members who were able to get aboard this trade and make some decent pips. Traders could have received close to 4/1 Risk Reward on this trade depending on how they decided to manage it.
Price has now found resistance and has given traders the chance to take profit or at least protect their capital.
EURAUD 4HR CHART
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