For pattern traders, that could be the last leg of the w pattern for buying ... -perhaps :)
*So the thing about the pin-bar method that I mentioned from the GU analysis, and, -which is the foundation of my 2 personal strategies (blessings to you); - is that two pin-bars can cancel each other out -okay. This is caused by the effect of an indecision candle at a higher time frame.
This makes the pin-bar method highly effective by its own in concept, but unpredictable by range. To solve the range you will have check on time frame correlation by --Volume and Momentum,.... an added work. And to volume there is pin bar, and to pin bar pressure.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.