Rejection of 21ema
Moving Averages pointing down
66.54 rejected level
Order as per below:
OCO (one cancels other)
STOP - Break of pinbar low: 6662 (61.8 retrace)
STOP - 50% retrace of candle: 6699
ENTRY: Break of pinbar low: 6610
ENTRY: 50% retrace of candle: 6654
LIMIT: Break of pinbar low: 6454
LIMIT: 50% retrace of candle: 6474
Break of pin rish reward: 3/1
50% retrace of candle: 4/1
This trade was triggered last week on a 50% retrace. However due to the inability to break the inside bars low and bullish looking weekly chart, i closed the position near to b/e. It did break the inside bar low after i did this (typical) but i will not reenter until a clear PA signal is again given
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