DislikedHi Jaroo
Quick question re AUDUSD Daily and PB's in general, do you generally cancel a potential pinbar when the next bar retraces and exceeds: the left eye (your pink line), a 61.8% retrace, or the back of the bar?
Cheers
AdamIgnored
If Price has retraced to the general area of the left eye, it's actually a good sign that the PB will succeed. Again depending how it breaks. It's these Highs around the .7230ish (green area on chart) that seems to be holding it up.
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Indicators show the past. Price Action "Indicates" the future.