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.
EJ bullish interests.
*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.
EJ bullish interests.