Perfect pin bar completed at 09:00am rejects the 100SMA and level.
Nearly a perfect pin bar (1400 close). Looks like price is now going to move back above the 100 SMA.
Thanks Sam. If the pin bar had been earlier this morning, price would have been below the 100 SMA, and therefore a valid signal to short.
Yes, a perfect pin bar at previous support and the 100 SMA. All looks good save the recent move above the 100 SMA. Will need price to move back below the 100 SMA and then pullback...
Or is the shorter wick too long?