The trading method under the battery BarThe battery Bar is a reverse price pattern suggests the decline of prices at a certain level on the market. Once familiar with Battery Bar pattern, then the appearance of it on any chart would also be profitable for you to trade under the battery Bar -BarGiới introduction the method the transaction according to the Pin Bar and how to trade it effectively.The battery Bar is a reverse price pattern suggests the decline of prices at a certain level on the market. Once familiar with Battery Bar pattern, then the appearance of it on any chart would also be profitable for you. Let's together find out exactly what is the Pin Bar pattern and how you can profit from it on the market.The battery Bar?The battery bar itself is the candle with a tail (tail), heart (wick) or Shadow (shadow) to the top or the bottom of the fuselage and a candle (body) is under so much, you can find the battery Bar in any Bar or Candlestick charts (candles). We use candlestick charts because they showed the most obvious price action and used the most popular in the world of professional Trader. The texture of the model Battery Bar-The battery should have a long top or bottom tail ... tail, sometimes called the "heart" or "ball" ... all have the same meaning. That is the important part of the battery bar shows the disclaimer or break failed (False Break) in a level.-The area between the opening and closing price of the batteries are called "stems" (body). It often has white or a light color when the closing price was higher than the open, and there are black or a dark color when the closing price is lower than the opening.-Opening and closing Price of the Batteries should be very close or equal (same price), as close as possible.-The price of opening and closing of the bar is located near the battery on one side of the bar, the more the is located on one side the better.-The ball or the tail of the stick pin "overhang" out the candles around the battery bar's long tail as well.-According to the "rules of thumb" then stick pin tail should be 2/3 of the total length of both the Pin bar or more, and the rest of the pin should be 1/3 of the total length of the stick pin or less.-The part opposite the "tail" is sometimes called the "nose" (Nose)the battery bar trading strategy Pin Bar reversal pattern rise (Bullish Pin Bar Reversal Formation)Is when the tail of the battery Bar driven down because it shows the decline at a deeper discount levels of support, this setup often leads to the price hike.Battery Bar pattern reversible decrease (Bearish Pin Bar Reversal Formation)Is when the tail of the battery Bar facing up, because it shows higher price increase denial in a certain resistance level, this setup often leads to the discount.bullish and bearish pin bar reversal diagram Examples of Battery Bar:Here is the graph of the Day CAD/JPY, we can see a lot of Battery Bar pattern is very easy to detect and works very efficiently. Note that all the stick protruding pin tail clear compared with the candles around, showing the "reject" obvious when the price down lower. All bar the battery below have one thing in common that we have just discussed, you can guess what it is?the battery bar trading exampleIf the answer is all of the Battery Bar above are all Bullish pin bar setups, you right there.In the chart of the USD/JPY Day below, we can see the battery Bar pattern in reverse market. Sometimes the battery Bar is like as a signal to a "turning point" and the trends change very quickly as we see below, this example is also called "reverse at the bottom under the letter V"the battery bar definition Here is an example of the market tend to be very much the battery Bar. On the following chart of the GBP/JPY pair showed that the battery bar Bar in the same tendency can very accurately. Note the two battery bars on the left side of the chart marks the start of a trend of steady and then when the uptrend continued, we had so many opportunities with high probability to buy in from the same direction increase battery bar up there.battery bars in trend Way of dealing with Battery Bar patternThe battery Bar is a set of Islands, and we have a few ways to get into the different commands under it:"At market entry"-means you set a command to "market" the joint immediately at "market price" for the best. We bought a Battery bar raises and sells for the battery Bar steady."On stop entry"-meaning that you place a Stop Order at the level you would like to join the market. The market needs to move up to the Buy Stop order matching, or scroll down to match your Sell Stop. It is important to note that a command "Sell Stop" is below the current market price, including spread, and a command "Buy Stop" is higher than the current market price, including Spread. For the battery increases, we will often buy after the price breaks the battery bar's highest level and place Stop Loss below 1 pip below the lowest level of tail stick pin. For the stick pin drop, we will usually sell once the price breaks the lowest level of the batteries and place the stop loss on 1 pip on the tail of the bar pin."Limit"-On this type of order, we have to be at a price higher than market orders slid
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