Dislikeda perfect Pin Bar forming on gbpusd. this is also a 38.2 fib area...CW, will you go short on this or is there anything else you would consider before shorting this one?
I share my opinion on this one but won't take responsibilty if the trade would have worked in your favor but you decided not to enter based on this information.
You wished a supplementing analysis and here you have mine in the following charts. The result is that for my style of trading it's a no go. In the past I continued searching to make it to a trade, now I find another chart which I don't need to squeeze out a trade because I think to myself that I want to trade this setup.
Nice weekend, Stefan.
10 x 100 = 100 x 10, stefx, retired scalper.