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Pin Bar Forex Chart Patterns Strategy
This strategy uses a 30 minute timframe and applicable to all currency pairs.
Forex Indicators:
- Pin Bars,
- Daily Pivot
Rules for entry:
- Pin bar must cut the Daily Pivot points this can be the DP, R1, R2,R3, S1,S2,S3.
- The pin bar can be in the direction of the trend or counter trend.
- Entry is 1 point above or below the pin in direction of the pin.
- Stop is 1 point below or above the pin.
- Risk and reward must be at least 1 to 1.
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