Pin Bar
Shooting star EUR/USD @ key level08/09/2017 EUR/USD close below 1.20424 (07/2012 min.)
Candlestick pattern SHOOTING STAR
The End of the Bull Run for OZ?As of 8th September, a pin bar has formed at the top of the AUDUSD's bullish trend. Based on the price action, this is a strong sign of the bull is getting weaken. And this is also confirmed with the divergence formed between the price (higher high and higher low) and RSI(14) + Stochastic(14) (lower high lower low). If price can close below 0.804 by 11th September, it will be a very good sign to enter a short trade.
Ethereum Weekly ShortI have found pinbar under resistence. Ratio 1:1.2
Strong signal for short position.
EURNZD Short SetupHey guys,
here we are in front of an hourly chart on EURNZD. I share this because i think it could be useful to others. As you can see there were two strong sell offs that created two impulive move to the downside, breaking two level of intraday structure. These two events give me the belief in a reversal, that was confirmed by price action in forming a pinbar+engulfing pattern right at the 618 up against a previous level of structure. Stops above the highs, targets as shown.
If you have any question/idea, please share.
Otherwise, see you in the next chart!
EURUSD: continue higherEURUSD has bullish pin bar formed on EMA 21
Entry: 1.19091
SL: 1.179
TP: 1.22664
RR: 1:3
EURGBP PINBARthere is D1 Pin bar , i play these by waiting for an initial move then reenter on a retest of the BE of the pinbar- yellow line indicate the bottom of the pin bar so will short form there but on H1 want price action to confirm at 50% fib on H1
EURUSD D1 pinbar play D1 has a pinabr and I'm shorting it after the initial move down. looking of a retest of the Break even point of the pinbar, Will need to see price action to enter
EURCAD Short daily I found pinbar+turtle soup on Eurcad I believe that will go to short.Ratio 1:1.20
EURUSD ShortKangaroo Tail on the weekly chart. (Ref: NAKED FOREX book). Its basically a pin bar with certain conditions. Price may correct to 1.5000 levels if deeper correction then 1.3000
