Saturday, March 23, 2013

AUDCHF Price Action: Pin Bar/Inside Bar Setup at Resistance 23/03/2013

 The Inside bar Price Action Trade Setup on the pair at resistance coupled with the previous pin Bar Trade Setup could signal a top and a possible change of trend. However, no real change in trend can occur without a clear break of support at 0.9775.

My recommendation: Sell cautiously or wait till support is broken.

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