DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
SPDR S&P 500, ADVANCED MICRO DEVICES, INC. - COMMON STOCK, 12 RETECH CORPORATION, GENERAL ELECTRIC COMPANY COMMON STOCK, INVESCO QQQ TRUST, SERIES 1, ISHARES MSCI EMERGING INDEX FUND
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Step 1: Find a Pin Bar On Your Chart
*Note This is a stock price action strategy, and a forex price action strategy. I will use a currency pair as the example. Price action charts are with any market and timeframe.
What you need to do first is identify a pin bar that has formed.
Step 2: Look for Past Price Action to Determine Why The Pin Bar Formed.
Why did the ...
This pair has fallen quite a bit, but it looks like it might still have one more leg of decline left.
After bouncing up from the strong support level, prices were unable to stay up long, and ultimately formed a bearish pin bar.
Since prices were rejected on the upside, there is a strong possibility that prices will head down to test the support again.
A large bearish pinbar is currently forming off of a key resistance level. Keep in mind that there are a few hours left in the market so this pattern will not be confirmed until it has fully formed as a bearish pinbar and today's candle has officially closed. If the candle does close the day as a bearish pinbar then we could see price rotate lower over the next ...
Gbjpy sell setup with pin bar on fibo at 0.50% level
SL TP mention in chart
All of the Details are on the Chart this time,
Trying something New!
The Ozark Trader.
There are 2 pinbars in D1 candle chart.
The position of this pinbars near resistant area.
In Asia Session I believe the price will goes up little bit.
The strong move usually will come in cross London and New York session.
There is a with-trend pin bar on resistance with confluence as the wick is touching the 21 and 8 SMA.
I have put in a sell on stop below the low of the pin bar at 0.71983.
Targeting 2R at the next support level with a stop above the high of the pin bar and above the resistance level.
1. USDCHF daily candle closed as a pinbar at support (Rejection of lower price intraday)
2. Stoch/RSI showing bullish divergence as price is making lower lows which is implying weakening of sellers
3. Stoch/RSI coming out of "oversold" areas on daily chart
Set pending buy stop on the break of the pinbar candle's highs
-Set stops below ...
EURJPY after rallying has formed a pinbar on the daily chart at a strong resistance.
We can now look to short the pair and put stop loss at the previous high for a minimum take profit of about 150-200 pips.
First take profit as indicated in the chart, entry will be given in a smaller timeframe. Check the update section for the 4-hour chart where the entry will ...
First of all, I don't really want to short this name.
But this trade is too good to ignore, a harmonic pattern and daily shooting star combination!
I won't take the trade as I don't have other conviction to short Boeing at all,
but I would very like to record this trade down and see how it goes yo!
Still, this is a better sign for the bulls to take some profit ...
Found a pinbar at H1 after the price touch area that I perceive as "supply zone".
I use paper trading.
1. Bullish pinbar reversal closed on daily at support.
2. Price at bottom of descending channel
3. NZDCAD at yearly highs.
4. Descending wedge ( bullish ) within channel
5. All oscillating indicators are in oversold territory. ( Candlestick patterns or price always precedes the curl back of oscillators from overbought or oversold conditions to normal ...
-EURAUD at yearly highs.
-Bearish pinbar reversal closed on daily at resistance.
-All oscillating indicators are in overbought territory. (Candlestick patterns or price always precedes the curl back of oscillators from overbought or oversold conditions to normal conditions)
Set pending sell stops on the break of the pinbar candle's lows. ...
NZDJPY is completing a double bottom on the daily chart. Additionally, a bullish pinbar close is imminent on the daily chart.
Once the daily pinbar closes, set pending buy stops on the break of the high of the pinbar candle.
Set targets at the 74.50 level.
Gauge price momentum (x and y axis) to determine if a break of the 75.00 level ...
Bear Pin bar
High of day candle touched a weekly resistance so my forecast is GBPUSD short at least on Monday Sept. 10th
It is time the forint regained its strength. Today's pinbar is a good entry point, the levels are clear.
We can spot, that the Double Top pattern has confirmed. The second TOP candle is bearish pin-bar, which is signalizing the reversal on the market. It pushed the USD/CHF lower. We could see the market consolidation, which lasted more then 4 months (0.98-1.006).
The neckline was set at the value 0.98, which had to be broken to make the formation valid. A few days ...
Price has reached resistance area and will look for reversal. Price has made a bearish pin bar. Will look for a further reversal signal and short to atleast next support level.