DislikedThank you for your input...
maybe im just freakin out and not totally understanding the whole concept. what do you mean "within 33% of one end of the bar"? the open and close of the 2 circle bar is within the range of the previous eye and the what i thought was a nose stuck out alot relative to whats around it? and i thought it was going to keep reversing too because it did go down since the bar i thought was a pin came upon.
Please help. Any input on the entry?Ignored
That bar is actually a neutral bar(which indicates indecision). The reason being the open and close are near the middle of the bar. For that to be a pinbar, picture everything below the close as not there. So basically we want the open and close to be within the previous bar(with not much under it in this case), and then a very long nose(high).
Here is an example of a chart with a pinbar, and a neutral bar.
Hope this helps