I have been watching this for awhile and figured that if I got a Sell Pin Bar at the resistance level (1) I would go ahead and take it, There are a few issues I have so I'm still waiting to see what the next candle does. First issue, (3) is not really an impulsive move down but it was followed by a pretty good corrective move (4) but it continued on to take out...
Still in trade as I write this. I got long based on the nice orderly correction, Had the chance to exit at (2) but it just missed my limit order. This is the first time ECB has released minutes from meeting so not sure what reaction would be. There is some support at (3) so will just hold and see what happens. Don't like that Pin Bar!
