Wednesday, April 3, 2013

NZDUSD Price Action: Fakey Trade Setup, pulls off 03/04/2013

A Fakey was spotted at the close of trading on Monday 1st April and price has traded higher afterwards. This setup was traded in the Trade Room and a 1:3 reward has already been met, though there still are possibilities of price reaching Resistance at about 0.8460.

My Recommendation: Look out for Price Action Trade Setups as price approaches resistance

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