DislikedGBPCHF Daily chart:
Price formed a 2 day bullish pinbar @ trendline and @ support and @ RN.
We have a (small) divergence.
Im long with a stop below the 2 daily bars from wednesday and tuesday.
Mike what do u reckon? (or anyone else)
LehmannIgnored
It could be price is just in a tight area now so it makes it a bit trickier. I would like to have see a bigger bar to want to trade back into the traffic area. The last time we were here an inside bar carried us higher. Price stopped right on the LCS as Jarroo shows as well. So it's support area and a clean PPZ flip.
For me I would prefer to see a situation like this play out though
Mike