Hi traders,
This is a 45-minute chart of the BTCUSD.
A bullish Pin Bar seen we took the trade.
after a bullish move price fell and hit stop-loss orders placed around the low of the Pin Bar (a common pattern stop level).
The market recovered quickly and offered a re-entry chance with a second bullish Pin Bar. We bought as price broke above its high.
After our entry, the market rose with a strong thrust.
I strongly recommend that you adopt this re-entry trading approach. It offers a trading technique that lowers trade frequency and increases probability of success.
Thank you.
This is a 45-minute chart of the BTCUSD.
A bullish Pin Bar seen we took the trade.
after a bullish move price fell and hit stop-loss orders placed around the low of the Pin Bar (a common pattern stop level).
The market recovered quickly and offered a re-entry chance with a second bullish Pin Bar. We bought as price broke above its high.
After our entry, the market rose with a strong thrust.
I strongly recommend that you adopt this re-entry trading approach. It offers a trading technique that lowers trade frequency and increases probability of success.
Thank you.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.