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Longbar

Long Bearish barSignal bar - Long Bearish bar Trend - Over all trend is bearish Strength - weak, trading in big channel Level - There is no clear resistance, but it may follow similar pattern as previous swings 2nd entry (2 leg pullback) - It is second entry, after 2 legs up it fall down as brick Breakout pullback - NA EMA - It is above EMA but similar to previous swings. Reversal - after a short term bullish trend after it has formed bull pin bar and it has formed huge reversal bearish bar DT/DB - kind of double top Shadows - NA Congestion - 2 bar congestion. 50% Retrenchment - Big Picture - After a short bullish trend and pin bar prices failed to move up and fall down at trend line. Expecting pullback to 50% of bear bar and get in to trade.
Short
by Yadnesh88
Long bearish bar and bearish pin bar at trend line.Signal bar - Long bearish bar and bearish pin bar at trend line. Trend - Major trend is down and recent bars in range Strength - Prices are struggling to move Level - Expecting previous strong support will become a strong resistance considering bearish bar breakout and 2nd entry (2 leg pullback) - there are 2 long legs tring to go high but failed. Breakout pullback - NA EMA - prices are forming right at EMA and already there is bearish bar with long wick rejecting EMA. Reversal - NA DT/DB - NA Shadows - NA Congestion - has formed congestion and expecting it will breakout in the direction of the trend. 50% Retrenchment - Big Picture - Prices trying to go higher but struggling. Strong bearish bar with congestion has formed a flag. Entry - SL seems to be safe above swing. Expecting prices will rush down after touching slow EMA.
by Yadnesh88
Long bearish bars expecting breakout pullback entrySignal bar - 2 long bars Trend - Major and short term, both trends are downtrend. Strength - 2 big bearish bar, strong downtrend Level - broke the support area after congestion of 12 candles. 2nd entry (2 leg pullback) - NA Breakout pullback - It is breakout pullback. EMA - EMA was flat at congestion but with 2 string breaish bars pointing towrads down. Reversal - NA DT/DB - NA Shadows - NA Congestion - NA 50% Retrenchment - Entry around 50% of breakout. Big Picture - Expecting prices will move up, retrace back at 50% and repel the EMA and will continue the downtrend.
Short
by Yadnesh88