SUGARUSD EMA 10 EMA 20 Pin Bar TradeAfter a break out, wait for the right moment to enter. Don't be in a rush to enter the market. Wait for confirmation of the trade set up. If trade signal does not occur, then do not enter the market.
For SUGARUSD, the confirmation signal occurred on February 4, 2021. See Pin Bar located at the EMA 10 EMA 20. After price breaks a horizontal key level, wait for the trade signal. Price may bounce around the horizontal support resistance key level. The signal may not fall neatly on support resistance level. Remember support resistance levels are areas. Be patient and wait for a signal to form in the area.
Pinbarsetup
EURZAR Hit Take Profit At 17.32788 | What's Next For This Pair?17.32788 Resistance Level Turned Support is the next level to watch for a price action signal in the form of a pin bar or engulfing candle.
The initial entry for this trade idea came on 26-Apr-2021. The entry was the pin bar at time 16:00.
Entry 17.23070
Stop Loss 17.19988
R-Multiple = 3.15R
Note: Stop loss level was below the EMA 10, EMA 20, and converging trend lines.
Fibonacci Retracement Entry For Pin Bar | Ethereum | ETHUSDFibonacci Retracement Level 0.500; 0.236; 0.000
Entries at 2170.50; 2260.52; 2341.00
Pin Bar at Fibonacci Retracement Level 0.500; 0.236; 0.000
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Daily Time Frame Pin Bar + Fibonacci Retracement
EURGBP Target Price 0.87308EURGBP Exponential Moving Average Period 10 Price, Exponential Moving Average Period 20 Price, Open Price, Close Price, High Price, Low Price
Trend: Up Trend
Level: Horizontal Support Resistance, Dynamic Support Resistance
Signal: Pin Bar
Open Price and Close Price is between the area of EMA 10 and EMA 20.
EMA 10 is above EMA 20. Both EMA point up.