Trade Ideas: SPI 200 Inside Bar Pattern Breaks Up & AUDUSD Bullish Fakey Setup – April 8th, 2021. Price broke out above the 6920 key resistance level overnight, after recently surging higher from the Inside Bar Pattern that formed above the 6761 short-term support level late last week (discussed in Monday’s newsletter). Price saw strong buying pressure from the 50% range of the recent Bullish Tailed Bar that formed at the 6761 short-term support level mid-last week (discussed in the members newsletter last Thursday).
The post Trade Ideas: SPI 200 Inside Bar Pattern Breaks Up & AUDUSD Bullish Fakey Setup – April 8th, 2021 first appeared on Learn To Trade The Market.
Original source: https://www.learntotradethemarket.com/forex-trading-commentary/trade-ideas-spi-200-inside-bar-pattern-breaks-up-audusd-bullish-fakey-setup-april-8th-2021
