📘 Trading from Scratch – Day 28/90
📊 Case Study: Pin Bar
🟢 Bullish Scenario
✔ Bearish trend.
✔ Pin Bar on support.
✔ Wait for a confirmation candle.
✔ Stop Loss below the pattern.
✔ Target at the next resistance.
⸻
🔴 Bearish Scenario
✔ Bullish trend.
✔ Pin Bar on a resistance.
✔ Wait for a confirmation candle.
✔ Stop Loss above the pattern.
✔ Target at the next support.
📌 A Pin Bar is more useful when analyzed together with the trend, key zones, and proper risk management.
#Trading #BinanceSquare #PinBar #PriceAction #RiskManagement
📊 Case Study: Pin Bar
🟢 Bullish Scenario
✔ Bearish trend.
✔ Pin Bar on support.
✔ Wait for a confirmation candle.
✔ Stop Loss below the pattern.
✔ Target at the next resistance.
⸻
🔴 Bearish Scenario
✔ Bullish trend.
✔ Pin Bar on a resistance.
✔ Wait for a confirmation candle.
✔ Stop Loss above the pattern.
✔ Target at the next support.
📌 A Pin Bar is more useful when analyzed together with the trend, key zones, and proper risk management.
#Trading #BinanceSquare #PinBar #PriceAction #RiskManagement