Sentences with phrase «pinbars shows»

Your explaination of the failed pinbars shows why is very instructive.

The pinbar shows a retest of the EMA but didn't go lower on the opening on the next day, instead moves upwards where the EMA are narrowing to go in an upward movement.

Not exact matches

In this article, I'm going to show you how to correctly identify and trade the shooting star candlestick pattern, with both my own proprietary techniques and the standard pinbar techniques.

Thanks for your explanation of those past examples, Would you show me for the next pinbar so I can take the chance, because I still difficult to find that chance, expecially for the gold?

Am just sharing my point without contradicting you as the lower TF helps in showing when to stay away or wait for more and when to enter a trade following a pinbar or BE pattern on the daily TF.

Even if the daily TF has formed a bearish pinbar, the 2 hour TF is in a down trend but the bullish engulfing candle shows a reversion to the mean.