Notice that daily Pinbar formed at AB=CD completion zone and resistance zone. Looking for reversal in this zone.
Price on USD/CHF has produced a high test bar ricocheting off the round 0.9500 level. RSI and Stochastic divergence support this short set up. entry - below today's high test close stop loss - above today's high test close target - aiming for 0.9290, previous low, close to 50 ema (ignore support line on chart at 0.9250)
There is a pinbar spotted as well, I have enter long here until a see a reversal sign. Kind regards TheBull
In the daily chart, we can see that price has surged up from Monday's pin bar at key support zone. In H4 chart, we can see a break of the double bottom's neckline. Will the market retraces to 61.8% level for a 2618 trade setup? If market retraces to that level, it is also re-testing the high of that Monday's pin bar in daily chart providing us with a second...
Bullish WW pattern, Entry @ the 1H time frame with a Pin bar, Trade going with the trend, Risk: 0,5% Reward: Between 13% & 28% (Depending-on when the price hit the Target-line) R/R ratio: Between 26 & 56 (Huge!) Trade management on Daily time frame
1D chart showing downtrend, price action below 10 EMA Pin bar on 15min TF traded for RR 1.5
The EURCAD daily chart is in a clear downtrend. The market has retraced back up to re-test a previous swing high resistance level within the trend. Price respected the resistance level, rejected moves into higher price sand forced the market to close below it's open price for the day - creating a bearish pin bar. The market is now breaking the lows of the pin...
Friday brought a huge bounce on very high volume at a great support level for CBS. There is also very strong bullish momentum divergence seen on the mac-d histogram and the stochastic oscillator makes it seem price is making plans to pop off hard. I would play a limit order for the closing price at 56.74 with my stop loss 5 cents below the low of Friday. Sticking...