First post - pin bar question

Please can you have a look at my chart and explain to me why my TP was not hit ?

As you can see the white pin bar reached at its lowest point 0.9293 and yet my tp at 0.9300 was not activated.

The spread on AUD/CAD is 8 pips & your chart is showing the bid price (0.9293) so the ask price (0.9301) was not made. So therefore the order was not closed.

Pinbars work great with fibs retracements, ema’s, pivot points, and 00 & 50 levels. By themselves they are about 50/50. Also they are more reliable on higher time frames like the daily and 4hr. (hmmm… what isn’t:D )

Even after all of that, you will have a loser sometimes.

Your headed in the right direction. Don’t let that loser discourage you.

Thanks for the prompt replies.