Elogos

2014/05/12 (Monday) Price Action

FX:AUDUSD   Australian Dollar / U.S. Dollar
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A break of Fridays inside bar doesn't leave us with much information to work with.
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Action can still be valid if we see a false break to the 8-21 EMA areas, a good small bodied pin bar tomorrow will still be a valid signal for a long entry if there is enough distance from the high of Tuesday candle and next resistance to yield a 1.5RR.

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