Anbat
Short

BEARISH & BULLISH PIN BAR CHART PATTERNS

FX:GBPUSD   British Pound/U.S. Dollar
136 0 5
Did you catch the latest Bearish Pin bar chart pattern on the 4 hour GBPUSD? This pin bar three candlestick pattern happened on a reversal upwards, during the down trend of this pair. This would have been a safe place to entry into a bearish or PUT trade right before the second red candlestick noted closed. Do you see the left eye, nose & right eye of chart pattern? * Please read about Pin bar chart patterns, if you need further information about their power.

Pin bars chart patterns on 4 hour, daily & weekly time frames are highly reliable & safe to enter new trades. Like all chart patterns, you don't jump on all pin bar chart patterns, but be picky and just pick the BEST ones. What are the best pin bar chart patterns? Ones that happen at major Support & Resistance Area, Price Points, Psychological numbers (more zero's in a price action             number the better; like 1.45000 the price action             chart number of latest noted bearish pin bar chart pattern), RSI indicator (make sure they happen in overbought > 70 ( bearish ) top areas or oversold < 30 ( bullish ) bottom areas on RSI indicator. If you utilize any EMA's or MA's like my noted EMA 8 & EMA 21 they did a EMA cross, which is another positive for a BEARISH price action             . Still has room to fall this next week. Next major Support level on this GBPUSD             4 hr             chart is around 1.43125ish, price action             now is 1.43508.
Price action             is number one, money management & understanding language of CHARTS. Wish you the best.
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out