Anbat

Pin Bar Chart Patterns Are Very RELIABLE to trade!!!

Long
FX:EURUSD   Euro / US-Dollar
2
EURUSD daily chart is showing a very obvious Pinbar chart pattern on chart. The other name is the Pinocchio bar pattern which is named because of the long NOSE on top, left green candlestick (left eye) & current red candlestick (right eye)-- price action is very reliable that BEARS or Puts own this market at this time.

The EURUSD pair might be in a downward price action for rest of this month (May), which USD in it's weaken state, which causes the EUR to be the stronger of this pair at this time.

*Remember: Price action, candlestick patterns & money management is priority when trading binary options.
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