Disliked{quote} Open ur AUDCHF Daily and see what's happening there at this moment, PA is been rejected from a long term and important support dating from 23-11-2011 and a long wicked hammer is been formed, this is what u should be looking for to safely trade support and resistance, another example is the 5-6 PA Rejection from resistance on the EURGBP D1, that led to the formation of 5 Bearish pinbars or Inverted hammers (Bullish) or Morning stars (Bearish), and look @ the Following PA Behavior. If you follow these guides and search of these patterns on...Ignored
Thanks B.R.
Do you use smaller TF for early entry or not? I mean for example are you looking for a long wicked hammer in H1 or not only Daily TF?
Mike
P.S. I hope I got you right regarding 5 bearish hammer in E/GBP.I upload the chart to show them
Failure, is a wonderful teacher!