Pin Bar
Doji signalA doii = indecision
Indecision on support = buy signal
The principal for this type of setup entails placing the stop a few pips below the doji. The profit target must be at least double the risk and the up side potential here is MUCH more than the provisional target.
Don't invest what you can't afford to lose. This is not investment advice. Subjective view/report of a financial product only.
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US2000 Downtrend ContinuationPrice action analysis identified US2000 downtrend continuation and short opportunity. Reversal pin bar trigger, confluence with; weekly downtrend, rejection of falling channel resistance, rejection of 50 WMA, rejection of previous horizontal support/resistance and rejection of 38% fib. Trade subject to price rising into sell limit pending order.
ASC Asos Short Opportunity Price action analysis identified LSE:ASC (ASOS) downtrend continuation and short opportunity. Reversal pin bar candle trigger, confluence with; rejection of falling trend line, rejection of 50% fib retracement, rejection of 50 WMA and rejection of previous support becomes resistance.
Bullish Pullback.Expectations for CHF/JPY H4, If the market opens below the closed price, it's a perfect entry for bullish pullback.
Possible short opp on its way Possible short opp on its way
Wait for the break and the close and then only start to think about your entry technique
tcs1.triple top on daily
2.inverted pinbar at 21 EMA
3. 21 EMA acting as a resistance
4. twizzeers top on hr ly near 21 EMA
1st tgt 2147
AUD USD LongBullish daily pin bar at major support alongside bullish divergence
Awaiting bullish engulfing candlestick for confirmation
Entry would be at 50% of today's candlestick if strategy is confirmed
AUDUSD - STRONG DROP - EXPECT COUNTERATTACK After eleven days strong drop, Finally AUD printed a pin bar. 0.68 level is the lowest level since January 2016. Probably Counter attack will come at this point. Price could break hourly Down Trend and test Daily down trend. Chase for coming candles.
Entry Long : 0.68279
Stop Loss : 0.67443
Take Profit 1: 0.68843
Take Profit 2: 0.69543
This is not an investment advice. Investment is your own choice.
AUDUSD AT 80% !!!
Nice pinbar formed on Friday at 80% retracement. I think it is a good time to buy against otherwise strong short term bearish move. It came out of Elliott triangle, so I assume it is the end of the cycle. Price action in channel is choppy and at the lower trendline, the last move is extended. The price should hit T1 soon.
AUD/JPY short setupAUD/JPY short setup- I saw the retracement one the resistance zone and nice candlesticks such as pin bar and engulfing and I decided to open a short trade on this pair.
EURAUD: DropPrice action style: A pin bar formed in D1 at the resistance. This is a good time to Short this pair.
It will fluctuate around 1.603-1.61 then drop and touch the support line( may break)
SL: 1.623
Target 1: 1.603
Target 2: 1.592
GBPJPY Long pinbar formed in frame H4Seller side has been weaken recently, with a pin bar formed at the support line,
alltogether, it's a buy signal.
Widening Stoploss and Takeprofit is necessary due to price correction
NZDCHF Pin Bar Trade Set UpNZDCHF Pin Bar at Horizontal Support Resistance Level. Price rejects Exponential Moving Average (EMA 10) and Exponential Moving Average (EMA 20).
USDJPY is at support levelUSDJPY is at support level
and formed a pin bar
good to long now
SL : 106.700
TP : Follow arrow
Pin bar on supportBuying at market price @ 0.66069 with
# SL below pin bar @ 0.65804 and
# TP around next resistance @ 0.66993
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Powerful buy signalBuying at market price 0.65437 with
# SL below the pin bar @ 0.65108 and
# TP at previous swing high @ 0.66148
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Confluencing factors meetSelling at market price 71.965 with
# SL @ 72.410 and
# TP @ 70.810
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Suntvsuntv formed more bullish type of pattern on bottom.
we can see below
1. double bottom
2. bullish engulfing
3. tweezer bottom with double pin
