GOLD: Bearish Pin Bar Signal
GOLD – SPOT: Selling On Retracement Into The Range Of Bearish Long-Tailed Pin Bar Signal
Price Action: Price formed a Bearish Long-Tailed Pin Bar Signal overnight.
Price moved lower from the Inside Bar Pattern that had formed late last week (We did not consider trading this pattern).
Potential Trade Idea: We are considering selling on a retracement higher to within the range of the current Bearish Long-Tailed Pin Bar Signal.
Price Action: Price formed a Bearish Long-Tailed Pin Bar Signal overnight.
Price moved lower from the Inside Bar Pattern that had formed late last week (We did not consider trading this pattern).
Potential Trade Idea: We are considering selling on a retracement higher to within the range of the current Bearish Long-Tailed Pin Bar Signal.