pardeepk

pardeepk

support + pin bar = high probability set up. Adjust risk reward according to how long you want to keep this stock for.

pardeepk

Small pin bar formed at previous support line. A conservative ratio is used, slightly below broken support

pardeepk

1hr shows a trending market for usd/cad with lower lows and lower highs. I then turned to the 30 min chart and entered at a pin bar that formed above the 30 ema.

pardeepk

pin bar formed at minor support. Target is 2:1. 8 and 21 emas were used to find out the main direction, and then i looked for a price action signal at previous s/r to confirm

pardeepk

used 2 emas: 8 and 21 to find overall trend direction on the 1 HOUR chart, in this case is bullish. Next I used a 30 EMA on the 30 minute chart and entered at a pin bar that formed below the 30 ema while this pair is on the uptrend in the 1 hr chart. I don't know if this is profitable and that's why i am trying it out.

pardeepk

used 2 emas: 8 and 21 to find overall trend direction on the 1 HOUR chart, in this case is bullish. Next I used a 30 EMA on the 30 minute chart and entered at a pin bar that formed below the 30 ema while this pair is on the uptrend in the 1 hr chart. I don't know if this is profitable and that's why i am trying it out.

pardeepk

4hr pin bar formed at resistance indicating most likely it will go down

pardeepk

These lines were created from sharp v shapes which show a drastic change of buying power from bulls to bears and from bears to bulls. I think these would create good support and resistance. Right now, there is a pin bar formation at previous support created. Target is next resistance v shape level

pardeepk

I used a line graph to create a demand zone in which a sharp v shape on the line graph is my support. A pin bar formed at this support later on. Exit is at the next sharp v shape resistance point

pardeepk

pin bar at support, exit at next resistance

pardeepk

D1 used to find resistance with a pin bar on the 4HR chart. A conservative 2:1 ratio is placed

pardeepk

Price retraced to the resistance zone with a bearish pin bar, should go down to next support zone or slightly above support zone

pardeepk

supply zone with bearish pin

pardeepk

price at supply zone with bearish pin bar. Target is next demand zone. If you want to be conservative, aim for a 2:1 ratio instead of a 4:1

pardeepk

D1 charts used to plot supply and demand. pin bar on 4hr

pardeepk

pin bar formation at supply zone, should go down, there is a 2:1 reward anyways

pardeepk

The supply and demand zones were created on the D1, pin bar on the 4HR chart, entry near the half way retracement point of the pin bar. Target is the next demand zone

pardeepk

Pin bar formation at a strong demand zone that was created by a strong move up. Pin bar at this level. Exit is at supply zone, where we see a strong change in momentum