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Long Tail PinBars
Version 4
A pin bar also known as a long tail bar is one of the most recognizable candlestick patterns and can be a powerful trade set up for either long or short trades. Generally it is expected that the price will continue in the opposite direction of the long tail. The idea is that the traders tried to push it one way but Failed and so it turns and goes the opposite direction. This can be especially powerful when used in conjunction with support and resistance levels. (Please Note that you can Automate your Trades when used in conjunction with the with the Long Tail Pinbar Strategy)
A pin bar also known as a long tail bar is one of the most recognizable candlestick patterns and can be a powerful trade set up for either long or short trades. Generally it is expected that the price will continue in the opposite direction of the long tail. The idea is that the traders tried to push it one way but Failed and so it turns and goes the opposite direction. This can be especially powerful when used in conjunction with support and resistance levels. (Please Note that you can Automate your Trades when used in conjunction with the with the Long Tail Pinbar Strategy)
What's New
Version 4
Replaced Chart Screenshot #3 (was duplicate of #2)

Version 3
Added and Updated Chart Screenshots.

Version 1
Version 4
Replaced Chart Screenshot #3 (was duplicate of #2)

Version 3
Added and Updated Chart Screenshots.

Version 1
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Requirements
Tradestation 9.5 (Update 22)
Asset Type
Stock, Future, Forex, Option
Style
Intraday
Methodology
Counter Trend
Analysis Techniques
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