A have a question if someone could help.
I've been shorting EU based on the Blue horizontal lines. Taking a short at the break of the B-line and then again on the retrace. But i get confused about the quick retracements that occur after price breaks the support and makes a new low.
When price retraces back to resistance ( old support) many times it forms a PIN BAR and this is when i screw up thinking "should i take a short and go with the trend or take this PIN".
It's not a very big issue but i would like to have some helpful views about it.
Thanks.
EDIT: SEE THE PIN FORMING ON DAILY
I've been shorting EU based on the Blue horizontal lines. Taking a short at the break of the B-line and then again on the retrace. But i get confused about the quick retracements that occur after price breaks the support and makes a new low.
When price retraces back to resistance ( old support) many times it forms a PIN BAR and this is when i screw up thinking "should i take a short and go with the trend or take this PIN".
It's not a very big issue but i would like to have some helpful views about it.
Thanks.
EDIT: SEE THE PIN FORMING ON DAILY