Bullish Pinbar w/ excellent support confluence on AUDCAD

A bullish pinbar is forming on the 1 hour chart at a strong support level. If this candle keeps a proper pinbar formation and price breaks the high, the trade will be triggered.

Entry: Pinbar high + 1 pip
SL: Pinbar low - 1 pip
1st TP: ~.9495

Trade attivo:

Order entry reached

Commento:

In case the 1 hour entry was missed a similar scenario is playing out on the 4 hour chart. The entry based on the 4 hour will be a bit higher but it looks solid.

Trade chiuso manualmente:

Price was unable to break shortterm resistance and trade was closed at BE