EURUSD – SPOT: Selling On Retracement whilst Price Remains Under Recent Bearish Pin Bar Signal
Price Action: Price formed a Bearish Inside Bar + Pin Bar (Combo Setup) overnight (We are not considering trading this setup).
Price exploded lower from the recent Bearish Pin Bar Signal that had formed on Thursday, Sep 22nd (We suggested selling on a retracement higher to within the range of this signal in the Sep 23rd, members daily newsletter).
Potential Trade Idea: We are considering selling on a retracement higher and after a price action sell signal, whilst price remains under the 0.9863 – 0.9950 short-term resistance area, which concedes with the recent Bearish Pin Bar Signal that had formed on Thursday, Sep 22nd.
Price Action: Price formed a Bearish Inside Bar + Pin Bar (Combo Setup) overnight (We are not considering trading this setup).
Price exploded lower from the recent Bearish Pin Bar Signal that had formed on Thursday, Sep 22nd (We suggested selling on a retracement higher to within the range of this signal in the Sep 23rd, members daily newsletter).
Potential Trade Idea: We are considering selling on a retracement higher and after a price action sell signal, whilst price remains under the 0.9863 – 0.9950 short-term resistance area, which concedes with the recent Bearish Pin Bar Signal that had formed on Thursday, Sep 22nd.