Mr.Pip
Short

EURUSD Potential SHORT #9 (Correction)

FX:EURUSD   Euro Fx/U.S. Dollar
646 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
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out