How Do You Analyze Price Action Setups with Trend Lines?
How to Analyze Price Action Setups with Trend-Lines
One of the price action strategies for price action is use of Pin-Bar price action setup. A pin bar is a reversal price action setup on chart which portrays an obvious change in market sentiment during that period.
This pin bar price action candle setup has a long tail with the closing price near the open.
The pin bar price action candlestick pattern looks like a pin thus the name Pin Bar - occurs after an extended trend move up or down.
How Do You Trade Price Action Setup with Trend Lines Price Action Indicator?
Pin bar price action setup reversal xauusd signal is confirmed after market closes below the candle that precedes this price action candle setup.
The pin bar price action reversal xauusd pattern example shown below is confirmed after the market closes below the blue candlestick that preceded this price action pattern pin bar candle.
How Do I Trade Price Action Setup with Trend Lines Price Action Indicator
Combining Pin Bar Price Action Setup with Trend Lines:
This pin bar price action setup reversal xauusd signal can be combined with other line studies such as trend lines can be used together with this price action setup strategy to generate buy or sell trade transactions.
Gold Trendlines
Pin bar price action patterns that form after price touches a trend line can be used as signal setups to enter the market.
Price Action Setups Strategies with Trend Lines Price Action Indicator
How Do I Analyze Price Action Setups with Trend-Lines
