Examples of 'pin bar' in a sentence
Meaning of "pin bar"
pin bar: a term in financial trading that refers to a specific candlestick pattern indicating a potential price reversal in the market. This phrase is commonly used by traders and analysts in technical analysis of stock charts
How to use "pin bar" in a sentence
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pin bar
This is when the pin bar formed.
Note the pin bar setup in the chart above.
And then there is that pin bar.
As a pin bar.
Figure 4 is a perspective view of an example pin bar.
The formation of a pin bar is actually a trend reversal featuring 3 bars.
There are certain factors that go into making one Pin Bar better than another.
A pin bar forms on the uptrend, followed by a strong black candle.
So, buy at market price once the bullish pin bar closes.
The formation of a pin bar is in fact a trend reversal which consists of 3 bars.
Figure 6 is a perspective view of one pin of the example pin bar.
By itself, the pin bar against the trend is a very emotional figure.
In the chart below, we can see two very good looking bullish pin bar setups.
In the other holding means referred to, a pin bar is provided to engage the perforations.
Our stop-loss would be just above the high of the Pin Bar.
See also
Figure 5B is a perspective view of a pin bar mounted to an example base.
Place your stop loss at least 10 pips under low of the pin bar.
That is, how to trade a pin bar against a trend?
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A long-tailed pin bar is a high-probability pin bar.
If the price is below the moving average AND bearish pin bar pattern = Short trades.
Trade in terms of, Up - trusts or test the strength of Pin Bar.
Try to find a better entry using a pin bar ( you will not ).
Ideally, this should be a pin bar.
Knock-out pin bar.
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