38.2% Bearish Pinbar formed on both daily and 4hr time frames. Currently trading between two action zones. Expecting drop to support zone to begin sideways trading.
Comment:
1 hour shows strong bearish signals (engufling, 38.2% pinbar, 50% retracement with bearish 38.2% pinbar at 61% retracement)
4 hour shows STRONG bearish 38.2% pinbar formed off of 61% retracement.
Daily shows bearish 38.2% pinbar to bullish 38.2% pinbar. Unable to base off of daily due to opposing patterns.
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4 hour shows STRONG bearish 38.2% pinbar formed off of 61% retracement.
Daily shows bearish 38.2% pinbar to bullish 38.2% pinbar. Unable to base off of daily due to opposing patterns.