Скачать или смотреть Buy or Sell? Pin Bar Rejection at Trendline Support

Welcome to LinuxBit!
This is Ali Oliyee, and in today’s video, we’ll walk through a high-probability buy setup based on pin bar rejection at a trendline. If you’re looking to improve your technical analysis and learn how to enter buy positions with confidence, this video is for you!

🔥 Buy or Sell? Pin Bar Rejection at Trendline Support – Entering a High-Probability Trade 🔥

In this video, we break down a price action trade based on a pin bar rejection at an important trendline. This setup is ideal for traders looking to trade trend continuation and use price action to find profitable buy positions.

📊 What Happened in the Chart?
We begin by identifying the uptrend by connecting the lowest price of the trend to the higher low and extending the trendline to the next level. At this point, the price makes the same reaction to the trendline, and we observe a pin bar with a long lower shadow. This suggests that while sellers tried to break below the trendline, buyers stepped in, rejecting lower prices.

The next candle forms as a strong, full-body bullish candle, confirming that buyers are in control. This gives us the confidence to enter a buy position with a stop loss placed below the shadow of the pin bar, ensuring our risk is properly managed.

📈 Target Levels for This Trade
The maximum target for this trade is the highest price of the day, where the price is likely to face resistance. This target offers a logical exit point based on the market structure and current price action.

Trading Strategy Breakdown

This is a trend-following strategy using price action to identify high-probability setups. The pin bar rejection at the trendline signals that buyers are stepping in after a failed attempt by the sellers to break the trendline. The confirmation candle then gives us a clear signal to enter the trade with a tight stop loss.

This approach is ideal for scalpers, day traders, and anyone looking for clean, actionable trades based on price action and trend analysis.

Trading Psychology:

Patience is crucial in trading, especially with setups like this. The pin bar rejection tells us there is potential for a reversal, but we wait for confirmation with the full-body bullish candle before entering the trade. It’s important to follow your trade plan and avoid entering too early based on incomplete signals.

Discipline is also key in managing the trade. We place the stop loss below the shadow of the pin bar, giving the trade enough room to breathe while still protecting our capital. Trust the process and stick to your risk management plan to increase your chances of success.

⚠️ Disclaimer
This video is for educational purposes only and does not constitute financial advice. Always conduct your own research, manage your risk properly, and trade responsibly.

👇 What do you think about this setup? Would you buy or sell based on this chart? Let us know in the comments below!
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