DislikedWell . . . I was asking the about the Weekly PB in blue. Now that we have seen how it performed, we can make some conclusions about how it worked out and some reasons why it didn't work out.
Probably the first and foremost reason was quite simple why it didn't work out well . . .The size was too small compared to the previous bars and to counter the strong move down.
It did reach its FTA, albeit a short distance away.Ignored
Oh, Sorry Jarroo. I naturally assumed I had to find some more complicated reason.
Still, maybe I was in the same ball park, sort of, with the Monthly Bearish candle being so big.
In future if you ask me about a weekly candle, I will confine my analysis to the weekly.
Actually, maybe this highlights a problem I have, looking at too many time frames and complicating things to the point where it becomes impossible to pull the trigger.