Pin Bar

Pinbar candle on demand zone?ETH 4h chart So previous idea on ETH went perfect! (Check it if you haven’t seen it yet) Following the analysis,we notice a pinbar candle on 4H ETH chart on demand zone which could lead to higher prices.but since the ascending wedge I told you about it the previous idea broke down,every upside is considered a pullback and an opportunity to sell or short.good luck all!

by fibonacciisking

Strong Trading Strategy, Do not trust all the pin bars The pin bar pattern is one of the best signals on any market for predicting the next move. But should you trust all pin bars? In my humble opinion, NO, and I’m explaining this idea below and the approach I take to distinguish valid pin bars from invalid ones. I suppose you already know what is a pin bar, so I’ll not explain its basic details here. If you don’t know please, do a search and read its basics first. I have 3 filters for my pin bars. Find them below and boost the idea if you liked

High Probability Setup on CSCO!I've identified a high probability setup on Cisco Systems (CSCO). Confluences-The daily chart has a bullish pin bar on a support level and on the 20 EMA! *This is not financial advice. I really like this trade setup for this week! Loved and Blessed, MrALtrades00

by MrALtrades00

NZDUSD SHORT SWING Its about time. Potential Move to 0.60000 to complete cycle of Quarter Levels. Have posted this severally and was waiting for a confirmation. Current reversal level has seen price break the Monthly High Price and pull back. This could be a Fake move to induce Long position since the Monthly Bar just closed was a PIN BAR. A high chance that retail traders will trade the PIN BAR long a.k.a Price Action.

by ChartsandChapters_TheSpace

Uptrend Signal in the Ranging market Market is ranging quite long time and still it is part of uptrend move. Two days before market printed the Bullish Pinbar and expecting to go further high.

by UnknownUnicorn2928608

ATOMUSDT The basic idea is that some pin bars will retrace to around 50% of the tail, so we can look to enter there with a limit order. This provides a tight stop loss with our stop loss just above or below the pin bar high or low and a large potential risk reward on the trade as a result.

by Adam-Robinson

BL - potential bullish H&S Pattern It is likey the low of 49.66 hit on 12 May is "the" low for now as we see a bullish pin bar has formed on the monthly chart on relatively high volume. Now appears to be forming the right shoulder of a Head and Shoulders pattern with neckline around 78. A breakup of this neckline (preferably on relatively good volume) will likely mean the stock has turned the corner with a possible H&S target for around 106. Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence an

DXY - Weekly bearish divergence! + Elliott Wave + PIN BAR!- As per my Elliott Wave technical analysis - it looks like the massive impulse wave can be completed and we are now headed to a retracement. - On the weekly chart we have a shooting star - bearish candle with a long wick ( PIN BAR )! - If we take a look at the RSI indicator on this chart, we can see a bullish divergence , which is a pretty strong bearish signal. - We don't really know how deep the retracement will be, but we can go back down to the acceleration point + 0.618 FIB. - MACD his

by UnknownUnicorn2537518

POWERFUL PIN-BAR SHOOTING STAR. BELOW THE ICHIMOKU , LONG WICKS Powerful Pin-bar Shooting Star. Price Below The Ichimoku Cloud - Tested Return To Cloud And Was Rejected. A Veritable Forest Of Long Upper Wicks. Bear. Drop Of Price Imminent.

Average True Range... and Bollingers ATR is a great indicator designed to show you the previous ranges of the previous candles depending on the value chosen, in this example I have done 6 periods, so you can see in this chart I have highlighted when we have peaks and troughs and one thing to do is compare the times of day this activity happens, you can see at certain times the atr climbs, it stalls at others or can fall, so ATR is showing us previous candles range, so if you are in a trade you want the range to be growing usually s

GJ Long entry GJ produces a lovely pinbar, Oil is rising and we can buy GJ and aim for considerable rises. Best of Luck.

SPY SHORT - SUPPLY, LIQUIDITY, PITCHFORK We are at a supply orderblock which caused a break of structure below. Upon reaching the orderblock, we saw a pinbar + inside bar combination pattern. Not only that, we are reacting to the upper parallel line of the pitchfork. We can target the imbalance and equal lows liquidity below.

SPX - short term bounce possible but bigger trend still down SPX appears to be finding support around 3800 with last Friday closed way off its intraday low, forming a pin bar of sorts. This is an intermediate support (which is the 38.2% fib retracement of the major AB (covid crash recovery swing) swing up. A short rebound from oversold position will not be unexpected. However there are a number of near term resistances on the way up : 1. downtrend channel (see daily chart) 2. previous support turned resistance around 4100-4200 The risk remains that a

Bulls Have Power & Charge Like SPWR Power!Bulls Have Power & Charge Like SPWR Power! Bullish pin bar at support on SPWR! Safe Entry 16.60 Why? 16.60 is .15 cents above the head of the pin bar : ) Contract 17 C or 18 C and set my expiration date out 2 weeks from entry date. Stop loss 14.93 Expectation move Approx 20.86. *Reasoning- Resistance range (on weekly chart) is between 21.23 and 22.36.

by MrALtrades00

BNB-A Good chance for reversal?Hello everyone In the past couple of days we have seen a new face of the crypto market. Daily chart of BNBUSDT shows,a bear trend taking place and for today's bar so far we have a pinbar. Now you may think "It's a good time to buy", NO.After a bear trend this steep, with this much volatility and fear? Anyway,pinbar is a good signal but a really bad context.In lower time frames,we have the micro channels forming.If you are a trader and not an investor, you know what to do. For now. we have

BTCUSDT potential Head and Shoulder BTCUSDT potential inverted Head and Shoulder in a expected swing upward on this bullish oversold momentum. Pinbar bottom daily formation.

NASDAQ, Uptrend, Target R1R2 Hi traders, NASDAQ is showing the last correction wave C 1-hour frame, which is almost over. The market is bearish, but we will see the market going higher bouncing between pivot point bands going up. Pls remember to check the trend, the price should stay up at the pivot point level and bounce in it, without breaking. If the price goes down the pivot point and then S1, we will be in a downtrend again. Pls, see the pivot point levels in the chart. The market has the last word. Indicators, MA 20

GBPUSD BB Breakout Daily lost selling momentum. Created dojis. Bullish Divergence on 4H and 1H. 15min Bollinger Band breakout coming. Expecting 1.24700 area to be reached which is also an intraday pivot level for today.

by JasonFosterII

SHORT ON CHFJPY Price has broken a major support area and below the 8 period moving average. Bearish Pinbars also showing on the daily timeframe. Selling this pair as a swing trade.

BTCUSDT daily up-to-date AB=CD Possible weekly close pinbar target at 33k on this swing beartrend leg down based on Fibonacci ratio with AB=CD Gartley pattern.

Bearish Continuation Trade EURCAD 4H Bearish trend continuation confluence trade on the EURCAD 4H. 1. Overall bearish trend 2. 3x trendline touches 3. Retracement to the 50% level from the most recent swing (not closed above) 4. At previous structure swap zone 5. Entry on bearish pin bar (aggressive) Entry: 1.35429 Stop loss: 1.36152 Take profit: 1.34001 Risk/Reward: 1/1.98

by hongkonginvestor

ERRORS ON PIN-BARS There are a large number of technical analysis figures, there are many different patterns, but as you know, they do not work 100% of the time. No matter what you trade, you should always pay attention to the market context and the pin bar is no exception. Pin bar is a very profitable pattern, provided that you trade it correctly. Beginners often make mistakes trying to trade every pin bar that is formed in the market. Today we will try to analyze the most common mistakes of beginners when tradin

NASDAQ, Tinny uptrend, Target R1,R2 Hi traders, the market is bearish but we might have a tinny uptrend. First it all, the prices should break up the pivot point and then go until R1-R2, 1-hour frame. The retracements should not be more than 61%. Remember, Keep checking the trend, go with the trend. If the prices don't follow the trend as we planned, guess what? the long trend is over...:) Indicator MA 200, 20-8 RSI 8 MA8 Bolliger 20, Volume, Pivot points Levels. Intraday Strategy. MACD R3 13,520.57 R2 13,305.07 R1 13,211.83 P

$APE bottom in? APE CHAIN?The next NFT frontier for the apes, APE CHAIN . Could $APE launch itself to compete w/ $BNB? It all depends on how heavily invested/serious they are in building an actual metaverse to reality. Looking at the founders of the coin, how $APE is now a payment currency on open sea , and how most metaverse projects are having trouble launching, I’m afraid $APE is a buy the rumor, sell the news type of coin for now. Would recommend getting on ape now at ~$17 Long based on speculation that other p