DislikedI'm wondering if any of the more experienced traders could give some advice. Basically I understand that we should avoid taking setups right at important levels (traffic). It it appears that sometimes though we should disregard important levels if the setup is strong enough . Take this Audusd pin bar from s few years back, traders on this thread took this short even though it was right over a big pivot zone . hmmm, any thoughts? {image}Ignored
The main reasons people would take that one would be the double top and failure of that last major swing point. I'd prefer if that bar set higher up into that swing myself. But those can work well if they break hard.
Best
Mike