It is a weak pinch with a nice chart IMO. I like to see the PPO much lower for a true pinch, but it is a good enough chart that I won't quibble. I think the differnce is just that a true pincher with a lower PPO at the point of reversal has more explosive power on the bounce back up. So I would not expect a 20% gain in a day based on the chart alone at the moment, but I would expect a bounce and one that could carry on for a few days.
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