Strong rally to previous Supprot/Resistance Strong pin bar + closing below bar`s low. Trend line rejection Daily pivot R1 rejection 61.8% Fib retracement 15m momentum down Taking profit at 50% retracement level of the rally
Hi samgeorgev,
Just looking at your chart and the majority of pins are under the bodies.
I use a similar trading style to you, but that is a bullish sign to me - ie the bulls pushing the early shorts back up.
This is not a criticism, only my view.
I like your work and the effort you put in to your strategy.
Good luck
Regards
Murray
Just looking at your chart and the majority of pins are under the bodies.
I use a similar trading style to you, but that is a bullish sign to me - ie the bulls pushing the early shorts back up.
This is not a criticism, only my view.
I like your work and the effort you put in to your strategy.
Good luck
Regards
Murray