Tags » Pin Bar
Let us discuss Gold (XAUUSD – COMEX) charts to see current price action.
Referring to below Weekly chart, Red lines indicate area (1170-1180) wherein price has reacted in the past 5+ years. 313 more words
On 19 September I was wondering if the EUR/GBP would be in a flat market. That day the currency pair formed a pin bar (aka hammer), with the daily close above the static support, so the pin bar may have been the beginning of a strong reaction. 63 more words
Daily EUR/GBP candlestick chart. From March to July the currency pair has been steadily falling under a medium term down trend line (downtrend). This trend line was pierced for the first time on the first of August. 65 more words
Today the EUR/CHF has closed under the pin bar’s low. As I stated
when I opened this trade on 10 August, I’ve close in loss my position in loss.