DislikedHi strat
I know you touched on momentum and volume earlier in the thread, and would like to know how significant they are in your analysis. With many pairs taking a breather before breaking out one way or the other examining the M&V to where price is now might give us a clue as to where the big money is.
The chart below of the cad (Not the best example I know) from the vertical line and swing high the downward price momentum is over a longer period compared to the rapid upward price action. The pin bar is showing larger volume than the previous...Ignored
While the points you raise ARE interesting but not necessarily valid, there are more important things to learn and understand at YOUR stage of learning so let's concentrate on PASR - right?
Just for information, those magenta lines don't mean diddly squat to me - I hope they make sense to you!
15 YEARS OF PASR ON FOREX FACTORY!