PinBar Reversal
Updated
Pin Bar Reversal H1
Extra Short Conformation
Stochastic H4 & H1 OB Conditions
MACD Diverging
Opposing Levels
1.66975
This level is also a potential TP level, if price hesitates and struggles to close & establish below this NL scale out or exit
Trader Notes:
Price Action hit an opposing lvl @ 1.68646 price could not close on this level, price hesitation lead to pin bar price action with Stochastic & MACD confirmation both in H4 & H1
Also note Weekly price action shows that this S/R is well respected within these ranges
If price closes & est. on Opposing level and or (R) NL a pot. BO is likely to occur
Extra Short Conformation
Stochastic H4 & H1 OB Conditions
MACD Diverging
Opposing Levels
1.66975
This level is also a potential TP level, if price hesitates and struggles to close & establish below this NL scale out or exit
Trader Notes:
Price Action hit an opposing lvl @ 1.68646 price could not close on this level, price hesitation lead to pin bar price action with Stochastic & MACD confirmation both in H4 & H1
Also note Weekly price action shows that this S/R is well respected within these ranges
If price closes & est. on Opposing level and or (R) NL a pot. BO is likely to occur
Note
Trade RiskH1 Micro Opposing Level
6721
Trail S/L
Price breaks Micro NL Scale In
Price consolidates Micro NL Scale Out
REDUCE RISK
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