DislikedFor:
PB and previous smaller PB
Rejection off 61.8 Fib
Rejection off BRN .8800
1st tgt .8750
next tgt has room to move? 8700 area maybe ?Ignored
Technically its a BEOB that looks like a PB. Don't get me wrong, BEOB (or BUOB) that look like a PB are very powerful, of course at a great location.
It reminds me of the A+++ Pin Bar looking BEOB on the Eur/Aud (July 2009) that I missed last year (darn it). Probably the only A+++ setup on that pair last year and probably since then. Would be nice to still be in that one, 3,300 pips.
Indicators show the past. Price Action "Indicates" the future.