Hi guys, I really like this thread. Cleared up a lot about PA-techniques and added some nuances. Now I have some questions about borderline-setups. And how to read certain PA stories.
What about a setup like this? It is a BEEB at an important S/R zone swing high.
Contra: It is a ranging market and there are a lot of resistances on the way down.
On the other hand, if this is enough to disqualify the trade, then it will be hard to take any trades in a ranging market like this, I think. What do you guys think?
I can not find the other chart anymore, but my second question was regarding two pin bars pretty much next to each other. Both of them would have been valid triggers for taking the trade. So thinking about taking the second one: does anything change about the setup, seeing that the - in this case bullish - steam was rejected just before once?