DislikedDear all,
What is the entry point for this kind of trades? Is it the second bar low or the third bar low?
Is this kind of PA less used here that other kinds of PA?
Thanks,
kkIgnored
QuoteDislikedWhat is the entry point for this kind of trades?
5-10 pips below the 2/3/4 lows (below the longest of the lows if the lows aren't exactly matching)
QuoteDislikedIs this kind of PA less used here that other kinds of PA?
Yes because this particular bar pattern just like we want it is extremely rare. On top of that it is less reliable than some of the other PA setups like outside bars and pin bars so those who play it need to be very very picky,
Regards,
Ghous.
I believe . . .