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PPPStrategy

Trading Education. Pinbar means nothing

Euro / British Pound (FX:EURGBP)  
PPPStrategy Updated   
FX:EURGBP   Euro / British Pound
5
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We have a Pinbar formed on eurgbp.

Lets look into the content of pinbar .

A single pinbar does not signifies trend reversal
Comment:
snapshot

We have a lower low and lower high trend at the moment.

A significant break of pinbar high equates to higher high which validates the first rule for longs
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