2.68R EURUSD Target Price 1.23495 (158.0 Pips)EURUSD Entry Price 1.21915 Take Profit 1.23495 (2.68R)
Pin Bar
Pin BarPin Bar, which is short for 'Pinocchio Bar,' is a single
candlestick setup that clues price action traders into
potential reversals in the market. A pin bar is an elongated
wick that 'sticks out' from price action. When you see a
Pin Bar, be aware of a possible change of direction.
GBPUSD - Structure TradeIn about 11mins, I'll make a decision should I short GBPUSD again? Well, what would make me enter my trade?
Only 2 conditions I'm looking at,
1. The candle cannot break and close above 1.4172, not even 1pip.
2. A long shadow candle with the long wick above the candle body. Let's see how it rolls out.
Weekly Bearish Pinbar followed by a Shooting Star Retest2 Weeks ago DPZ tried to conquer the level of 432 and failed then tried again this week and confirmed it's failure. We now have Hidden Bearish Divergence on the MFI and we have Weekly Momentum Pointing downwards on the Momentum Indicator. I will be looking for around an 80 percent pullback towards the $330 area from here.
Ethereum (ETH), time to BUY !!!Hey traders !
on chart you can see four signals telling us queen of cryptocurrency will Rise..
1. a positive divergence on stochastic
2.RSI is in oversold level which means a uptrend at soon future
3. price didn't break selected support zone
4. we see 2 pin-bars highlighted on chart that confirm uptrend
i think these 4 signals are as powerful as to determine an uptrend ( even its possible that ETH give one more fall(pullback) and then rise massively)
dont forgot to like and comment :)
NQ - are the bears done selling?Yesterday's pin bar close could be a sign that selling is getting exhausted. With trendline support tested (and rejected) twice in a week, the odds appear to be in the bulls favour now. Hence I am cautiously bullish at the moment. To be doubly sure, wait for a break up of the near term trendline (in green) to get bullish.
However, should NQ break below the larger red trendline support (though the chance of this happening appears to be diminishing), then it will likely head towards the horizontal support zone of 12200-12300.
Disclaimer: TA is about improving our odds of a successful trade, but there is no guarantee. This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you. Feel free to let me have your comments ! :)
LTCUSD Litecoin EMA 10 EMA 20 Pin Bar 15 May '21 03:00LTCUSD Price broke 334.86 support resistance level. Price pulled back into exponential moving averages and formed a pin bar. Entry at pin bar candlestick closing price.
ETPUSD Entry Price is near the EMA 10 EMA 20Entry at the EMA 10 EMA 20 area. Stop loss above the EMA 20 numeric value.
Dogecoin/USDollar EMA 10 EMA 20 Pin Bar H4 ChartThe open|close price is beneath the EMA 10 and above the EMA 20. Open|Close Price is in the EMA 10 EMA 20 area. The high price is above the EMA 10 EMA 20. The pin bar is located at a higher low.
DOGEUSD Dogecoin Entry Price near OHLCOn the H4 Chart, the best entry was at the closing price on 18 Apr '21 at 19:00. Wait for the next Pin Bar to occur on the H4 Chart. The Pin Bar to trade should have the Open High Low Close near the EMA 10 EMA 20 values.
japanese candlestick patterns (pin bar)The pin bar:
It is candlestick pattern that consists of just one candle, it has a long lower wick and short body and little or no upper wick. Strictly speaking, the lower wick should be at least two times longer than the body, the longer, the better.
There are two types of pin bar , the bullish pin bar which is a reversal candle that occurs at the end of downtrend and reverse the trend. A bearish pin bar which is also a reversal candle that happens at the end of an uptrend and revers it
As you can see this chart, almost pin bar appear the trend will change reversal. This is one of the best in price action.
SUGARUSD EMA 10 EMA 20 Pin Bar TradeAfter a break out, wait for the right moment to enter. Don't be in a rush to enter the market. Wait for confirmation of the trade set up. If trade signal does not occur, then do not enter the market.
For SUGARUSD, the confirmation signal occurred on February 4, 2021. See Pin Bar located at the EMA 10 EMA 20. After price breaks a horizontal key level, wait for the trade signal. Price may bounce around the horizontal support resistance key level. The signal may not fall neatly on support resistance level. Remember support resistance levels are areas. Be patient and wait for a signal to form in the area.
USDCHF Pin Bar at Support Resistance; EMA 10; EMA 20Traded USDCHF Currency Pair This Morning Using The Same Strategy. Used a bullish price action chart pattern with a bullish pin par. Pin bar with inverse head and shoulders neckline, EMA 10, EMA 20.
GBPUSD down to 1.3920 - premarket forecastExpecting GBPUSD to retrace to 1.3920 after rejecting off of resistance that has held price within a daily consolidation range for a couple of weeks now. Maybe price gets enough steam after retracing to break out of the range but it is showing signs of rejection at the top of the range on the daily chart and with a pinbar formed at resistance on the 4 hour chart.
