You know, you have just shown how little you know about PA with your example of that failed PB.
It is not a bar many people who have studied at J16 would take and furthermore, Jim does teach people to make pretty good judgment of where a PB or OB is likely to stall or reverse at.
Of course this example is after the fact but it is indeed quiet accurate.
There is certainly more information in a pin bar than the line chart, if you know how to extract it.
PPZ are price pivots points, they are not floor pivots but areas of price flips.
It is not a bar many people who have studied at J16 would take and furthermore, Jim does teach people to make pretty good judgment of where a PB or OB is likely to stall or reverse at.
Of course this example is after the fact but it is indeed quiet accurate.
There is certainly more information in a pin bar than the line chart, if you know how to extract it.
PPZ are price pivots points, they are not floor pivots but areas of price flips.
Starting to see instead of just looking.