Mr.Pip
Short

EURUSD Potential SHORT #9 (Correction)

FX:EURUSD   Euro / U.S. Dollar
647 0 18
I have recently came across a site stating price usually retraces to the 50% fib before heading upwards or downwards. In this case the weekly pin bar is bearish . I tested it out and what do you know? 50% fib literally sits on my past resistance lines. Boy oh boy will this be interesting to see.

This is for future reference.

Site I found the information: http://www.learntotradethemarket.com/forex-trading-strategies/pin-bars-forex-trading-definition
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