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Price action

 
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mattrus007

Price action

Hi, my name is Matt Evans and I an at Silver 1 at this time.

I have found price action to be helpful. The most useful thing I have found is the pin bar.

Google has it as Pin Bar, which is short for 'Pinocchio Bar,' is a single candlestick setup that clues price action traders into potential reversals in the market. A pin bar is an elongated wick that 'sticks out' from price action.

Image result for price action pin bar

 

Basically, the pin bar lets you know the likely next direction the price will move in.

I hope that is helpful.

 

 

Tue, 03/05/2019 - 5:09am
 
Journey

thanks to share!!