DislikedI don't think I'm qualified...but here goes. As far as pins go, even a pin that's broken the way it should (bullish pin broken to the upside) can still turn around. It's just part of the uncertainty, I used limit orders above/below pins a few times and gotten taken in just as it turns the other way, so nothing is sacred.
As far as the daily picture goes, we are clearly in a downtrend, with the possibility of some sideways action. At the current lowest low we see a daily pin, some upside, a further break south (violating the bottom of that bear-flag,...Ignored
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Grabbing the bull by the horns!
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