GBPNZD Pin Bar Formed At Support Resistance Line

16 באוק׳ 2018

Pin bar formed at support line. Enter Trade at the nose of pin bar. Place stop loss below the pin bar tail. Or place stop loss using 50% retracement of pin bar for better risk to reward ratio. Target price is the next resistance line (ceiling).

16 באוק׳ 2018

הערה

Pinbar retraced at the 0.618 Fibonacci Retracement level area. This is another variable for confluence.