Jump to content

Exchange Blog Cryptocurrency Blog


All Pips



Price Action – Double Pin Bar


Recommended Posts

Price Action – Double Pin Bar

usdcadpin.gif

 

Forex Trading : Usd Cad h4

One pin bar right after the after pin bar. This is in confluence with the 365 moving average.

If you missed the first pin bar, you should have seen the 2nd one.

Price is giving you a second chance to get into the move. It is already gearing up.

Bang! Off it went. How could we had missed it?

And if we looked further for more confirmation and confluence.

Lets look at the 1hr chart

 

usdcadpin1.gif

Need we say more? Price is also meeting resistance at the 150 and the 200 moving average. This coincides with the same level of the 4hour 365 moving average.

How can we not win on these kind of trades, if there is a holy grail. This is it!

 

Ezekiel Chew

Asia's #1 Forex Mentor

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...