Monday, March 11, 2013

EURGBP Price Action: Price pushes higher after fakey with pin at Confluence 12/03/2013

I didn't get the chance to post this setup in real time but managed to send out a Trade call on it, both in my Premium Trade Room and the Free Signal Trade Room last week. We did manage to make a decent 1:2 Risk Reward on this pair and prices still look to aim higher judging from the pin bar spotted at the close of trading 08/03. Expectations are for price to target previous high or there about.

My Recommendation: If you aren't in on the bulls still, don't bank on any bears yet.

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