DislikedHi guys, can anyone confirm that the last 1hr GU bar is a Pinbar? Thank'sIgnored
I would not class this as a good pin bar set up...certainly the bar itself is a pinbar...but the close of the bar is below the low of the previous bar...which can then act as resistance...this does not say it will not work out just one of my rules...also the location of the bar itself is the most important factor to consider...on my chart the top of this bar is just below a daily ppz...so again trading into resistance...imho.