Pin Bar
Pinbar on retest confirming Strong USDOn daily chart we can see that after a failling breakout now price has come back for another breakout.
we can see that the price has already break the upper boundary of descending channel and currently retesting.
for me, a strong bullish pinbar on the daily chart are enough of confirmation that USD are going to get much more stronger.
so for the following week i will only looking for buying oppurtunities for USD/XXX pairs and selling oppurtunities for XXX/USD pairs.
Stay safe, Stay Green Brother,
AUDCAD Horizontal Key Support Level At 0.93281Watch for a price action signal at Horizontal Support Resistance Level (0.93281).
Possible BTC LONG12h and D timeframes 30 minutes for candle to close. Textbook pinbar + oversold oscs + very strong support level
R:R 1:1 - 1:2
SL: 31k
TP1: 34k
TP2: 35k
It´s not a trade or investing advice. Just my perspective.
Bitcoins quick updateIt seems Bitcoin will remain above 30000$, We shall wait to see daily candle but I want to share my opinion about Bitcoin sooner!
With that beautiful Pin bar I expect some side way movements here and a quick wave up to Daily channel mid-line around 35000$(Upper and lower lines are hide)
At the moment, the explanation is enough, let's see what will happen
I will update chart soon
Good luck
DOGEUSD Target Price 0.16500000 Pin Bar DOGEUSD closed below 0.21380000 price level and retested that level in the form of a Pin Bar. Pin formed on the horizontal support resistance line and exponential moving average period 10 exponential moving average period 20.
Three factors for this trade strategy is Trend Level Signal. 1 Downtrend 2 Horizontal Level 3 Pin Bar.
The target is the previous swing low.
COF - chance to long at discountThe market's recent worry about inflation apppears to be overdone. In fact financial sectors could stand to gain from any interest rate hike ..
COF had gapped down into the 50% fibonacci retracement level last Friday before closing with a small doji/pinbar. This coupled with a potential bullish divergence between price and RSI and a confirmation as it staged a steady rebound when market opened today.
I went long this morning with the expectation that it could revisit it's recent high of 168, however, I will be protecting any profits with trailing stops as the market is on tenderhooks lately and any piece of new info could derail the market all too quickly.
Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you. Do give me a thumbs up if you agree. Feel free to let me know what you think! :)
