This school mainly uses price charts: price action (combined EMA and Fibo, MACD).
At the resistance line, if the Pinbar candlestick appears and has not passed the resistance line, it tends to go back high (the more pinbars the better).(priceaction / ema and fibo, macd)
In an uptrend or downtrend: at the trendline contact area and pinbar candlestick formation is also the time to buy, buy or sell.
Inside Bar : the market trend will continue (if uptrend, continue uptrend and vice versa).
It is recommended to use daily candles because it will be more accurate.
The longer the pin bar has a beard, the stronger it changes direction.(Read more: the future of Bitcoin)
Stop lot is placed 10 pips below the pinbar and take profit twice (from order to stop lot).
Model to realize price action
This direction mainly uses the price chart: price action (combined EMA and Fibo, MACD).(Read more: cryptocurrencies attracting investors)
At the resistance line, if the Pinbar candlestick appears and has not passed the resistance line, it tends to go back high (the more pinbars the better).(Read more: stochastic tool)
In an uptrend or downtrend: at the trendline contact area and pinbar candlestick formation is also the time to buy, buy or sell.
Inside Bar : the market trend will continue (if uptrend, continue uptrend and vice versa).
It is recommended to use daily candles because it will be more accurate.
The longer the pin bar has a beard, the stronger it changes direction.(Read more: forex investment legal)
Stop lot is placed 10 pips below the pinbar and take profit twice (from order to stop lot).
