Trade Ideas: GBPUSD Price Surges From Tailed Bar Signal & EURUSD Potential Fakey Setup – April 13th, 2021. Price formed a Multiple Inside Bar + Pin Bar combo pattern just above the 1.1833 short-term support level overnight (we are not trading this signal as it would effectively be trading a breakout into a key resistance level, and the overall trend is still technically bearish). Last Thursday Price invalidated the recent bearish Pin Bar signal, that formed above the 1.1833 short-term support level early last week (we had mentioned not considering trading this signal as it had a narrow range, formed in no man’s land, and was just above the 1.1833 short-term key level – discussed in last Thursday’s members newsletter).
The post Trade Ideas: GBPUSD Price Surges From Tailed Bar Signal & EURUSD Potential Fakey Setup – April 13th, 2021 first appeared on Learn To Trade The Market.