Yes I agree that yes indeed we have a PB on the Euro but the question is? Is this the bottom? The GBPUSD has no PB and it looks like it will go down some more too... I luv to trade pinbars but I am staying far and clear of any trades until we see a bottom. I just don't see any bottoming action whatsoever... Sit back go fishing come back another day... Like women another trade will come soon enough. PinBar69... Stay Flat and save your equity.
Dislikedexactly!!! besides the strong bearish momentum can't be ignored...
to n aftab...
do you have a valid explanation why this has to necessarily bounce off the ppz?? i won't be surprised if this recent bearish momentum breaks this ppz to head for the next (refer to chart)Ignored