Price closed above EMA 20, EMA 10, Horizontal Support Resistance, and Trend Line. A pin bar formed on the retest and the pin bar candlestick wick protruded through the support levels. The support levels are EMA 20, EMA 10, Horizontal Support Resistance, and Trend Line.
In this example, there are three higher lows moving into a diagonal resistance level and a horizontal resistance level. Price broke through those two levels and retested those levels with a pin bar. After the break and close above the horizontal and diagonal level; those levels became support.
Entry is the closing price of the pin bar. Target price is the previous swing high.
You just posted the chart - an 1 Hour chart...20minutes ago...But somehow when I hit the play button, there are 3, yes, THREE one hour candles that show up...How do you do that? Seems pretty sweet to post a chart that's 3 hours old, but the timer says it's only been 20 minutes and candles shows up like ur magic. Please do tell.
Seems pretty sweet to post a chart that's 3 hours old, but the timer says it's only been 20 minutes and candles shows up like ur magic. Please do tell.