DislikedYou are very right sir,
I just have one question here..
In this instance we notice closes above a BRN and establish that the price level is acting as a support.
Do we have to wait for the price to go up a bit and retrace and wait for some bearish PA bar (i.e the imaginary pin in the attached graph ) to enter?
Because the trend is up I don't know how else we would see any bearish action.Ignored
If you meant to type Bullish PA, you are right, we want a break above and a pullback for bullish PA. Reversely, we want to see a break below and pullback for bearish PA around a BRN.