Sticking with the Aussie, the pair has pulled back from the recent swing high resistance level at 1.0612 lately and sold off towards the 1.0400 level I mentioned from yesterday. In doing so, the pair ...
Assessing the market's state can position the trader in a win-win situation. Analysts use candlestick patterns like the pin bar to determine the optimal trading period. These patterns are essential to ...
The pin bar candlestick pattern is a powerful tool in the arsenal of any trader, offering valuable insights into market sentiment and potential reversals. Understanding how to effectively utilize this ...
A pin bar reversal pattern formed on the NZD/JPY daily chart, after price reached the key resistance level of the 200-period simple moving average in Monday’s trading session. Additionally, ...
SetBarFillColor( IIf( C > O, ParamColor( "Candle UP Color", colorGreen ), IIf( C <= O, ParamColor( "Candle Down Color", colorRed ), colorLightGrey ) ) ); Plot( C ...
Learn how to exit a forex trade by using sell signals to identify the right time to close a position. Discover common sell signals and how to trade them. The competitive nature of the forex market ...
When it comes to reliable candlestick patterns the ‘engulfing’ pattern lies in the same league as the mighty pin bar pattern in terms of popularity and reliability. Picked at the right spots with ...
Reversal pattern forms after price reaches 200 SMA. Disappointing GDP data emerges from Australia. Trump trade war comments trigger risk-off sentiment. A pin bar reversal pattern formed on the NZD/JPY ...
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