If you have engaged after this candle closed. It is a great call. And this is why you should have engaged in the trade. 1. It has reached the completion price of the Bullish Butterfly Pattern(cyan). 2. Bat Pattern consolidation at D, but fail to break and close above Point X of the Bat Pattern and that is a good sign. It attracts structure traders to hop in. 3....
Potential double top and HSH pattern. Today candle is pinbar. Some bearish very risky counter trend scenario
ROKU had a bullish divergence on the weekly 2 weeks ago with a bullish pin bar weekly candle. Since then the daily has been steadily trending with large daily up candles followed by a few days of tight consolidation and then another large daily up candle (higher highs and higher lows). I initiated a long today with a tight initial stop loss a couple of $ below...
FB was among the weak stocks during initial hour yesterday, losing 2.5% to a low of 317.37 before slowing gaining traction for the rest of the day, and recovering most of the initial dip to close a pin bar. The case for a rebound soon is rather compelling due to 1. higher than average volume that formed this pin bar 2. the rebound occurred right after it tested...
USOIL. Pin Bar Trade Strategy. Pin Bar candlestick wick intersects EMA 10, EMA 20, 0.236 Fibonacci Retracement Level, and Horizontal Support Resistance Level.
XMRUSD. Entry at 278.19. Pin Bar Trade Strategy.
OANDA:GBPCAD Hi guys , how are you ? I hope you're all fine and having a nice time . GBPCAD is in a great zone for starting a bullish move as we can see in the chart , the price is in an uptrend Also there is great support level with 5 touches ! there is also a Pin bar candle which touches the support level and also before the pin bar we saw that the momentum is...
Lossless made a massive pump in the last few days and correcting since reaching $0.67. Perfect time re-enter and it is preparing for the next wave. Found support at 0.618 Fib, Found support at 21MA and forming a Pin bar what else we need? This is not financial advise please DYOR. Next support at $0.357
The Pin Bar Trading Strategy Using EMA 10, EMA 20, Trend Line, and Momentum.
Butterfly Pattern completes at 0.7197. If the candle closes at 0.7200 will be a stronger setup for a Bullish Butterfly Pattern. Waiting for 1700(UTC+3) candle close.
What I see is, current rise is from correct buy zone. And nearest resistance have been tested 2 times. There is possibility for resistance rejection, pullback then break out, OR breakout and retracement.
Buy level reference based on failed bearish pinbar at daily timeframe.
Bearish Deep Crab on the USDJPY H4 chart. If the candle closes below the red line which is also the HOP level of the Deep Crab Pattern. I will engage in an aggressive trade. Let's see how the candle close at 1200(UTC+3) or 1700(GMT+8)
Bearish sentiment for NJ with H4 bearish pin bar may see this roll over quickly.
It is not something new that you have a bullish setup on the USDCAD chart and a bearish setup on the CADJPY chart. This meant 1 thing, the Canadian Dollar, CAD, is on the move. If both setups is valid, I will engage both and not cherry picking. Any idea why I'll do that? Comment down below If you like to check the USDCAD chart, the link is at the bottom.
Yesterday price dropped down below 200 EMA to the support zone. Later, it moved back up again closing above EMA and within the previous candle's range. This pinbar has three supportive factors making it more significant than any other. ► It breached 200 EMA, yet it closed above it confirming the dynamic level to be a support. ► Opened and closed within the...
A Bullish Bat pattern form with a nice long shadow candle(some call it a pin-bar), pose a great buying opportunity for Trend Traders who are looking to long from the 1-hourly time frame.
Bearish daily Pinbar. we could see price test next support.