DislikedLet's see if we can decode why this didn't drop like a stone. What do we have: 1) A pin bar as good as it gets 2) 150 EMA First time back (i.e a BASE setup) 3) 19.5 RN (and the pin bar closed under it) 4) Some space. 5) Fake out of the former swing high on the 4H Some will argue that it barely broke, but we are not criticizing any trades here, we merely want to see if price action, the way we follow it here on the thread can provide an answer for why this pin bar actually didn't work to start off with. Or was this just a genuine loss? What do you...Ignored
Here you go Ghous.