DislikedAny PA traders willing to jump on this pin bar?? It is on historical support. Personally I would have to see at least 4HR pin before I would even consider taking a trade at this level.
In addition, since Friday's low was just taken out, I am expecting more downside. We are still seeing lower highs and lower lows on the 4HR chart.
I don't think it is out of the question to see another 100 pip + push upwards though.
I am feeling really good staying out and watching this unfold.Ignored
I think the Market itself has turned into a Newbie and doesn't know if it wants to long or short, but keeps jumping up and down scalping itself.
Who knows what will happen. I personally would mind it to drop another 200 - 300 pips before seeing it go north, way north as that is the only way I trade (long with the major trend)
Cheers,
K8