Disliked{quote} No.The criteria for a short was still there. Price hadn't meandered around the MAs but had shot straight through, and then the PA at the swing high was indicative of a stop hunt. This is where subjective thinking comes in. The probability of that turning into a successful trade was high. Doesn't mean you have to take it, and I don't trade that pair but if that set up had occurred on my chart ,I suspect I would have taken it.Ignored
indeed a typical stop hunting from the bars picture.
"TRADING IS SCIENCE OF REACTION NOT PREDICTION"...mizi123