Exponentialmovingaverage
How To Trade The Pin Bar With Support Resistance Levels 08-16-21This pin bar is in a pull back. The horizontal level was broken and the horizontal level was retested with a pin bar candlestick. In this case, the pin bar tail intersects the EMA 10 and horizontal support level. Price closed above the horizontal level. Entry for this strategy is at the pin bar close. The Target is the previous swing high.
TRXUSD (TRON) Target Price 0.1120TRXUSD (TRON) closed above 0.0909 and retested 0.0909. Entry at close of pin bar.
SUGARUSD EMA 10 EMA 20 Rejection Candlestick and TriangleSUGARUSD. Watch how Sugar responds to the trend line after the symmetrical triangle breakout. Entry at the intersection of trend line and EMA 10 EMA 20 with rejection candlestick wick. In the this technical chart there is a TREND, Diagonal LEVEL, and SIGNAL.
Cryptocurrency Total Market Cap (2021-08-09)United States Dollar is strengthening against Cryptocurrencies. A rejection candle formed on horizontal resistance level for TOTAL market cap chart. In this scenario, look for short opportunities with the following currency pairs listed below.
Ripple
Iota
OmiseGO
Ethereum Classic
Ethereum
Crypto Total Market Cap
Crypto Total Market Cap Exclude BTC
Altcoin Index Perpetual Futures
XRPUSD
IOTAUSD
OMGUSD
ETCUSD
ETHUSD
Pin Bar at 50% Fibonacci Retracement and Resistance LevelIn the USOIL Market, the ideal entry was to enter at 70.55 and 70.54 price area. This zone area is where horizontal resistance level overlaps with 50% Fibonacci Retracement Level. Also USOIL was in the downtrend. EMA 10 is below EMA 20 which indicates a downtrend.
Horizontal Resistance Level had a minimum of three touches.
CADJPY Target Price 88.042Initially, I was look for a sell at this horizontal support resistance line. After price broke and closed above horizontal support resistance line, I was looking for a buy signal on the H1, H2, H3, or H4 Chart. A bullish rejection candle was formed on the H1 Chart at 16:00 on July 28th.
Note. It is important to wait and see if a rejection candle will form at the horizontal level before entering a trade.