Monday, 3 February 2014

NZD/USD Daily breakout inside bar pin bar setup forms.

The NZD/USD daily charts have thrown up an inside bar, pin bar breakout continuation setup.

To recap we look to see a breakout of a strong key level, which can be seen on the charts by the big bearish candle(mother bar) and then a retest of the key level, shown by the inside bar pin bar. If price breaks the low of the mother bar we could see this continue lower.


2014-02-03_nzd_usd_daily_inside_bar_pin_bar

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