Hi
You have two PA signals there, the 2bar and a pinbar. Both are possible trade signals.
The bar after the pin isnt a engulfing, the wick must been included also.
If you use the pinbar for trade Trigger it is a A+ trade to me:)
hey kiddos,
can anyone see a mistake on this guys tech analysis on this pair? Whatâs Up with the Recent Kiwi Weakness?
'best
darth
Thanks for your input Danielvs. I did enter the trade cause it fits the pinbar criteria
Some people actually consider engulfing bars without their wicks. Just happens to be the wrong definition over here 
interesting, I canât see why you would. wicks are VERY important and give you alot of info.
'best
Darth
Yea I know what you mean. Some people are put off by the wicks and refuse to take it even if itâs a viable 2br. Everyoneâs got their own names and such but it should be OK as long as we all have the general direction right.
Just personal preference I guess is all to each his own you know?
Did you enter this?
I hope eurusd and usdchf stay the way they are just a heads up.
Wouldnât the trade be a CT? Or is the PA signal so strong that they are worth trading anyway? Similar to the GBPNZD pair?
What do you guys say about EURUSD formation? How should I read it? I really cant say anything about it. 
hanz
Yes to me there are enough resistance points coupled with huge pa makes for a valid enough trade in my book. It is definitely against the larger trend but it hasnât made that significant higher high.
GBPNZD canât say as Iâm on my phone and donât want to say what I canât see!
eurnzd nice pin bar
Second attempt at the price-action analysis, would this be a signal to look for on the 4 hr GBP/NZD?
Bearish Engulfing Bar near a resistance level?
Seeing the strong recent downtrend, this should suggest a direction. Although the first bar that follows after the beeb does not confirm this.
Also, despite the lessons in setting the S/R levels, I still find that difficult. Hope I choose them a bit correctly?
Hope My second attempt is a bit better than my first.
My first reflection on this setup is that you have a level right under the engulfing bar.
I dont know what other says about this but in My book its to much traffic for a short trade.
Besides that its a nice PA signal.
To me, it is not at swing high, and would be against trend, better to wait for price to hit your lower red s/r line and PA to go long.
thanks Danielvs. There was indeed an sr right below the bar.
Finally, price reach my target at 1.4730. This setup really test my patience, but I think worth it. I learn a lot about âpatienceâ from seniors and all peoples on this thread. Thanks. 
Nice trade. Price finally moved down to my profit target. This was my first trade getting back into foreign exchange trading so Iâm still trying to learn my platform - starting in demo - and taking it slow. I have found that the price shown on my charts is the âaverageâ price between the bid and the ask so I have to figure out how to place my trades to get accurate fills based on my stops and profit targets. In fact, I already made one mistake by setting my profit target and it turning into another short order filling me in for another trade. I promptly sold both positions and got out as I had planned. :34:
With that said, this thread has been an incredible resource. I have read through about 750 posts and now I am working through the links from the first page. My experience ranges from foreign exchange to stocks to futures, daytrading, swing trading, active value investing, and passive ETF investing.
I hope to be active when I can as I do have a full-time job working nights.
A special thanks to Johnathon for this thread.
Anyone going for this 2bar setup? Think its looks pretty intresting.
How many of you guys trading on Fridays? Is there any risk to have open trads over weekend?
just saw this but market closed should be worth a punt Monday morning with a pending order I thought