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theselfishtrader
Apr 11, 2017 10:09 PM

Cable - Inside bar play. Which way will it go? Long

British Pound/U.S. DollarFXCM

Description

Cable has retested previous resistance and subsequently formed an inside bar.
The aggressive move is to go with the break of the inside bar.
Conservative trade is to go with the break of the "mother" bar.

Targets are the dominant swing high or recent lows.

I am biased to the upside on this pair.
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