When I decided to trade this Pin Bar Setup of the 13/03/2013, I got a lot of mails. Traders wanted to know why I was very confident in taking this trade and I simply responded Price Action. So far, I am out of this trade with a nice and easy completion of the 1:2 risk reward ratio. I will wait to see how price reacts to the resistance zone just above.
My recommendation: Stay out and watch
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