Pin Bar
GBPCAD Daily Pinbar trade setup with SL & TPGBPCAD has given a nice pinbar on daily chart to trade. Price has rejected from short term trendline and 20 EMA and closed back below.
place sell limit at 1.70338, Stop loss 1.71302, Take profit 1.69289
risk is 0.5%-1%
GOOD LUCK!
Pin Bar Candlestick - Trading PillsPin Bar candles show us aggressive rejection to certain price levels that may help us trade in the direction of the next movement.
Bearish Pin Bar Based on the breakout of gold bullish trend line to below and a clear bearish pin bar price action signal the price is likely to continue further down movement to 1907 support level. After a break down from 1907 level it can loss more and reach to event zone of 1866 level.
Support Holds With Pin BarWe discussed this market last week and the important support level that was propping up prices.
Price has since formed a 4 hour chart pin bar at this level that has sent prices higher.
Price now comes to an interesting resistance. If price can break this, then the yearly highs for this market would quickly come into play for the next bullish leg higher.
4 Hour Pin BarWe discussed this market in yesterday's ideas and how the recent price action squeeze had snapped higher.
Price attempted to breakout of the intraday resistance level, but once again moved back into the consolidation area.
This market is building a pretty clear range support and resistance where trades can be hunted on the smaller time frames such as the 1 hour chart and below.
Two dueling pin barsThis is a market we have been discussing heavily in recent times. Price has been holding at the intraday price flip support level and consolidating.
As discussed yesterday, for price to make any sustained moves back higher it would need to bust through the intraday resistance.
Whilst price attempted to make a move back higher in the previous session, it ended with a bearish pin bar.
These two dueling pin bars look important. As per the weekly trade ideas from yesterday, until one of these two levels breaks it will be a tricky market to trade.
Thanks for your like and support....
AUDJPY best time to BUY? Reasons :
In AUD/JPY price protected by serveral important factors which:
1. As you can see , price react to EMA 22 very well, EMA 22 currently price: 1.7100
2. This Pair Price protected from bears by very important static support ( this support was a resistance , when it breaks turn in to support ) :1.7060
3. Our Trade Stoploss protected by nice trend line ( DYNAMIC support ) near static support.
4. After hanging man candel stick , we saw a full engulfing candel but bulls use any chance to buy at our setup entry price ! it means there is a great DEMAND area!
1:2 RR
BTI - Reversal pin barBTI formed a reversal pin bar on the weekly chart last week. A close above last week highs could present a long idea. Long above R580 with R600 the first point of Resistance.
GBPJPY considering that the price is at a strong resistance with so much confirmation the price will be short
short position closed at BEThe bearish engulfer never managed to gain its full momentum. Stops were moved to BE, which we hit earlier today... the lower time frames are showing a very clear flag. I am not looking to trade this for 2 reasons... the first of which is: We have lower volumes through the correction of the flag itself, however the hammer down candle right in the middle shows higher volumes. So structure is looking bullish, but price action is casting some doubt over this for me for now. Secondly: This is a 15min view pattern... Given the fact that the US Session will be slowing and seeing decreased volumes, this is unlikely to carry any real momentum overnight simply as there will be minimal fuel in the tank throughout the asian session. I am unlikely to trade this tomorrow as its NFP.
R100 big support level to watchSHP has held R100 more than once last week and managed to hold. Made a nice pin bar reversal candle on Friday as well so a long will trigger if we have a close above R102. First target at R105. Stop loss would be a close below R100 on the daily.
WEEKLY ANALYSIS AUDUSD! VULNERABLE NEWS AHEAD OF AUD! Good day traders! Hope you all are enjoying your pleasant weekend! Take some time to clear your mind and come back stronger into the market again! Everything will be alright!
AUDUSD has rejected to move higher on Friday and closed in bearish pinbar candlestick under weekly candlestick. The upcoming week will be a challenging week ahead of AUD as major data and news will be announced. Therefore, expect AUD to lose some strength.
A push to the downside is most likely to happen and ideally to retest the trendline which lies at 0.7043.
Do enter the trade with your own risk management control. It's not about you versus the market, it's always you versus yourself.
Happy trading!
EURGBP POTENSI UP H4 EURGBP H4 membentuk bullish pinbar - dan ketahan di support trendline...
selengkap nya silahkan liat chart.
AUDNZD 4hr bullish butterfly and hammer combination longThe dollar had been fluctuating a lot for the past few days,
it's not a bad idea to look for some minor pairs' trading opportunity.
Here we got this AUDNZD bullish pattern,
I'll be willing to take the breakout long on the hammer.
Let's see how it goes yo!
GBPUSD Excellent Long Trade 1HConfirmations:
Price is touching the strong support zone.
Price is gaining momentum near the trend line.
Price is also near the 6.18 Fib level.
We got a bullish pinbar candlestick confirming our entry
BANDHAN BANKToday bandhan bank has been made a pin with double bottom.this is double confirmation that will be gone high upto 410, 425 with SL@374.
AMD is going up!Hello traders!
With this stock my idea is to go long placing a target towards the price resistance previously formed. The reasons are:
- nice bullish pin bar
- Bearish momentum is getting weaker
- Stock price is in the green Ichimoku cloud
Remember to put a stop loss in order to secure your capital!
Not a financial advice.
Enjoy your trade!
