DislikedKinda new posting to this thread but have been around for a while in the forums.
Just noticed this on the eurgbp weekly. Price hit 50.0% retracement, support, 150ema... formed a pinbar which did break up. It is being rejected by some bar lows to the left... not sure if my analysis for this is right?Ignored
I'm in that trade and I adjusted my stop to BE when we reached that PPZ (lows on the left). I'm still in but price has come down to just 4 pips above my stop.
Am I concerned? no way. I have my TP just under of 0,8500 and I will take what the market gives.
Nos