The Fakey with Pin Bar Price Action Setup pulled off gracefully as it hits resistance as shown above. This bullish move had been anticipated following the Inside Bar price Action Setup pointed out on 22/04/2013.
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2 comments:
Cant get exactly what do you want to say in this, can you please explain this in detail. I bookmarked your page and waiting for updates
When price hits a significant resistance like that the GBPJPY hit in the analysis above, The natural thing is to look out for sell setups. The 4hr time frame gave good reasons to sell the pair.
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