initially retest the support level for heading long again
expecting slight rise before the fall on this one sell at Resistance line @1.00326 sl @ 1.00668 tp @ 0.99302 rr 2.99 trend continuation trade
LONG ENTRY PIN BAR SET UP FROM SUPPORT REVERSAL TRADE FROM DOWN TREND OVER BOUGHT
DAILY FROM RESISTANCE OPEN @ 0.86758 STOP LOSS @ 0.87360 TAKE PROFIT @ 0.85835 RISK REWARD 1.53
Here was a nice pin bar from s+r level long entry taken following entry rules - at TP2 over 2:1 RR
Ideal set up for a short based off 26.18 trade double top hit now at the 0.618 retracement to short
Looking for a long set up upon breakout of inside bar set up on 4 hr chart Target of 107.0 (will set just below about 7-10 pips below) Stop loss will be below of master candle around 105.15 potential profit 120 pips approx. risk around 60 pips risk : reward = 1:2
PIN BAR REVERSAL SIGNAL ON 12HR CHART BEAR WITH ME - MY FIRST IDEA PUBLISHED ON HERE!!! SO MORE OF A TEST TO SEE HOW ITS WORKED OUT