1st sharing, hope we all learn together.
PBT & CB = Price break through and close below
BEOB = Bearish Outside Bar
Price currently break through previous pivot zone (support n resistance zone) 2 red line, and close below as a Big enough BEOB, let see whether it can break below or go back the pivot zone.
If break through and hit my pending entry point at 1.0585, then target 1.0500.
PBT & CB = Price break through and close below
BEOB = Bearish Outside Bar
Price currently break through previous pivot zone (support n resistance zone) 2 red line, and close below as a Big enough BEOB, let see whether it can break below or go back the pivot zone.
If break through and hit my pending entry point at 1.0585, then target 1.0500.