Inside Bar / Pin Bar Price Action Combo Signal
Video Synopsis – Free Forex Trading System
In the above forex trading educational video I introduce traders to the inside bar / pin bar combination setup, we are “blending” candles in this setup. We had an existing downtrend in the NZDJPY in this video, we then got an inside bar which was also a pin bar, thus blending two signals together; the inside bar and the pin bar. We then look to sell on stop just below the low of the “mother” candle.
We can see after the low on the mother candle broke there was a very large bearish move that paid off nicely for traders trained in spotting these setups. We like to see a price action setup structure come off within 3 days. This is a great free forex trading system.
2 Comments Leave a Comment
Thanks for the lesson sir
Wow! This a really great combo candlesticks pattern. I have read extensively about candlestick patterns but never learned this before. By combining pinbar as an inside candle is really powerful. Thanks Nial. This is real eye opener.