30 m Double Bottom Break w/Pin Bar Short

Pin Bar is a great confirmation to short trade. Sell limit @ 88.70 breaks current support and moves below all 3 ma's. Watch as price comes to your TP levels. Use the 15 m chart to get best exit and re-entries. You can exit 1/2 positions and re-enter all the way down with this pair. 88.50, 88.30, 88.00. Exit all trades at 88.53. Use trailing SL. Place SL above the high of the preceding candle of current price.
These ideas come from our Support and Resistance Strategy and our Price Action Pin Bar Strategy. These channel trend lines were drawn by our Channel Trading Indicator.
We have many different strategies to learn on our blog and we are constantly coming out with new strategies for traders to learn every week. Visit us below on the website, Twitter or Facebook.

Watch for our new “Five Candle Mastery Trading Strategy”.
Chart PatternsTechnical IndicatorsTrend Analysis

Also on:

Disclaimer