Indices Pin Bar Price Action Setups Indicator Combined with Fibo Retracement Levels Indicator

These pin bar price action setup patterns are often created near extremes in market swings, and they often happen at after false breaks-outs. This is why this pin bar price action setup is used to place trades in the opposite direction of the tail of this price action setup.

A pin bar price action trade set up is a reversal price action signal on a chart which displays an obvious shift in market sentiment during that period.

This pin bar candle-stick has a long tail with the closing price near the open. The pin bar candlestick looks like a pin thus the name Pin Bar - forms after an extended trend move up or down.

How to Trade Price Action Setup with Fibo Retracement Levels Indicator

This price action reversal signal is confirmed after market closes below candlestick that precedes this price action pattern.

Below the pin bar price action reversal setup pattern is confirmed after the trading market closes below the blue candle that preceded this price action pinbar candlestick.

How to Trade Price Action Setup with Fibo Retracement Zones Technical Indicator

Combining Pin Bar Price Action Setup with Fib Retracement Areas

This pin bar price action setup signal can be combined with other line studies such as Fibonacci retracement levels to generate buy or sell signals.

These pin bar price action setup patterns are often created near extremes in market swings, and they often happen at after false breaks-outs. This is why this pin bar price action setup is used to place trades in the opposite direction of the tail of this price action setup.

Indices Fibonacci Retracement Areas

Pin bars price action setups that form after price touches a Fibo retracement level can also be used as trading signals to enter the trading market.

Indices Pin Bar Price Action Setups Indicator Combined with Fibo Retracement Zones Technical Indicator

These pin bar price action patterns are often created near extremes in market swings, & they often form after a false breakouts of price action.

This is why this reversal price action setup is used to place stock trades in the opposite direction of the tail of the pin bar candle.