We are on resistance Level (Very risk as Price was rejected twice on the 2017.01.10 and 2016.12.15) We have a double inside Bar Two Bearish rejection bar (Candle 1 and 2) Current Candle will expire in less than 10min and we currently have a rejection with a low that touched the 9 period SMA. Let risk small and follow the trend in case the PinBar is sure and...
Bar 2 and 3 are inside Bar 4 Fakey Signal Pin Bar on Daily I think on opening a Sell Limit at 50% of the pin bar or a Sell Stop (Safe but the risk will be twice the reward) What do you think ?
Previous level at which Price Bounced back. Inside Bar Formed on Candle 3 and 2 Candle is a PinBar (Combo) Candle Already retrace more than 50 on Candle. Why not opening a Sell order and place the Stop Lost a little bit higher than Candle 1. Low risk Vs Big Reward.
6 Days after Rejection of price on the Resistance line. Price Break through a line working as a support Inside Bar + a Bullish Rejection after the line support was broken. Normally a Sell limit is recommended But as a brutal was i will open a sell order (Another to risk small and have a big reward.)