DislikedDoes anyone make sense of 2-day pinbar formed on EURCAD? What do you guys think? {image}Ignored
in my opinion you´re right if we combine those 2 bars we get 2-day pinbar. Would I play this? No. Here are my reasons. We´re in an uptrend here for very long time. So I would need something more significant to convince me to play shorts right now. Here I see just 2- day pin bar, there´s just no story for me yet. Also there´s not much space, there´s a lot of mess just below this bar, so price will have to fight through a lot. There´s danger that it will just bounce up. I tried to mark everything in my chart, I hope it helps a little.
Mav