I am using technical analysis when I am trading forex. Mainly candlesticks and moving averages. And yesterday, a beautiful pinbar reversal signal formed at AUDUSD. Looking to go Long on this one.
For the aggressive trader, this is a good chance to go LONG. But for the more conservative type, you might want to wait for the next bar to close before entering your position. You want to confirm that the next bar is bullish to be on the safe side.