Wednesday, May 1, 2013

NZDUSD Price Action: explodes higher. 30/04/2013

The Kiwi exploded  higher after an anticipated sell-off failed to materialize following its Inside Pin Price Action Setup. When setups occur on the daily time frames, entries are sort on the intra-day time frames. In this case, there was no reasonable bearish setup on the intra-day as Traders were more interested in the more dominant bullish trend.

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