DislikedHi Mike / Jarroo (Jim) / Pinbar / Ghous,
We have a 2 Weekly bullish Pinbar followed by a 1 Weekly Pinbar on the USDJPY.
1. First, am I right in mixing the two time frames in the above analysis?
2. If it's okay to mix, should we look for some bullish PA next week?
Thanks
0908
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Be careful here this is not a pinbar. A pinbar must have the open and close within the prior bar and also you want the nose to protrude far away from the previous low. Since this bar is stuck towards a high here essentially we are completely sideways. Same thing would go with the 2day one you were trying to point out. I marked off an example of a bullish pinbar here with what we want to see. If you are still confused about them I did a video in the guest section called pinbar introduction long ago with the very very basics.
Either way I will be watching 85 mark on this pair
Best
Mike