USDZAR Pin Bar Candlestick Trade Set Up
EURCAD PinBar Trade Setup Idea
Pin Bar on D1 Chart. This is a "baby" Pin Bar at a Key Level. Pin Bar Tail intersects EMA 10.
Can you figure out the differences in the three pinbars highlighted...bearing in mind that the shape, length, or colour of the pinbar does not matter in this case. Pinbars occur in the market as a result of two scenarios: 1) When institutional traders place large positions in order to reverse what we call a "trend" 2) When institutional traders take profit off...
RSI confirms short position. Target - next Fib level (92 pips). Stop above the star's tail (42 pips).
Sell after the breakdown of the main support, on the pullback toit (D1) On H4 price very slowly moves upward forming a setup: fakey. Sale on the main trend on the pullback on the main D1 chart + 50% Fibonacci, + crossing EMA150 / 365 on H1 chart.
Hello, colleagues. According to my price analysing system, there is a signal on a short at GBPJPY. Down trand is clearly seen. Price is increasing, creating pullback of down trand and it has already moved for 50% of previous movement (an extra reason to sell). As the price moves upwards it slowed down creating pins. What is more, price has breaked a bit through...
H4 We see with you that there was a true breakdown of a symmetrical triangle, the price broke through it, and met a strong level of resistance. I think now the price is gaining new power to continue the growth of the price, with a more powerful momentum. Next week we should see this. Also, I can see that a pinball formed on the border of the triangle. I'm long.
Price may be bouncing off channel resistance, forming a bearish pin bar and a divergence with RSI before potentially heading south
23751 - 23267 is the key support area. A long tailed bullish pin can be spotted on Daily chart rejecting from the key support area. Main concern is that my Stop Loss size is very large (662 pips), will definitely trail my Stop Loss when price goes in my favour. My position: Entry : 23962 SL :23300 TP : 24955 ** This is not a Buy/Sell recommendation ** **...
The UsdJpy break and closed above the trend-line resistance on 28th of March. The price has retraced since then and retested the trend-line which act as a support now. The UsdYen got pushed higher yesterday but it did not provide me with a good signal to go Long. Fortunately, the UsdYen dropped again just now and a well-defined Pin bar can be spotted on the...
Eurusd Sell setup with long tail on key level