Price pulled back to pivot point level 0.67. Price retraced 50%. Pin Bar candlestick formed at 50% retracement. Open Price and Close Price is "near" 50% retracement level as well at the pivot point level. Candlestick wick protrudes through the pivot point level and retracement level.
This is an ideal condition to enter a trade position using pivot point indicator, fibonacci retracement tool, and pin bar candlestick.
This is an ideal condition to enter a trade position using pivot point indicator, fibonacci retracement tool, and pin bar candlestick.