Pinbar,
a similar situation:
a similar situation:
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedHi Mike, Just wondering if I can get your advice on this Silver chart.
Price has moved up to the decending trendline, broke though but could not close above. A pinbar (small) has now formed and closed below the trendline. Looks like there is plenty of space below for room for price to move freely. Whats your thoughts mate ? Location seems great to me, the actual pinbar is a bit small though.
Basically:
Pinbar (not massive)
Swing High
Decending Trendline
Space
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Dislikedmoved my stop down to above todays current high. basic S/R move here.Ignored
DislikedIs that a ''Mike Bar'' ...H1 is way to fast for me to notice those. Just gonna stay on lazy and slowly daily for now lolIgnored
Dislikedi have a question to You, why you sell on this level?? in my opionion there was better palce to trade on this chart.
it's my point of view:
chart:Ignored
DislikedWow, I love these bars. Look how it cut through support. Have you been trading it, PB?Ignored
DislikedHi guys,
I just noticed that AUDNZD could be setting up for a "Jarroo" style short entry at 1.2882 as shown in the chart below. Is anybody else watching this or got any thoughts on this setup?
Regards
Dave
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