DislikedHi,
My chart below shows a 4 hour pin that developed at the 8575 daily PPZ. The subsequent bar has gone almost (short by 1 pip) to the high of the pin. Is this a valid pin once the price has retraced so far? My understanding is that ideally the right eye high will not exceed the left high eye.
Any clarification would be much appreciated.
MattIgnored
Joe