This is my very first babypips post, however must admit ive been reading this blog along with NIKKITAfX for quite some time. I think i have an small idea of what this method entails however I havent began practicing the method on a demo account. For two weeks I have been looking at graphs but havent been able to spot anything. Im sure others have but maybe its because I am so unsure that I stay out of the trades. Im not sure if that will help either. So I figured id ask opinions when i "think" something is stirring up. Here is one of them.
This is GBP/NZD on the D time frame. It seems that price was rejected at resistance however the bearish bar is not an engulfing bar. Would this classify as a two bar reversal from a swing high?