Since I have thrown TradingView to the curb, I think I may try to just share my ToS charts. It lacks the nifty analysis and video features but it gets the job done.
Here is the pinbar I am setting in /CL. This is basically my thought process here.
- HH/HL
- Sideways Consolidation
- Price bumps into the short term bullish trend line, breaks through it but pulls right back up. BOOM, you have a pin bar. Lots of shorts holding onto losing positions, should be good fuel for the next leg higher.
That's it. We have the overall trend bias, the fakeout at the short term trend line after sideways consolidation. Pretty much a bread and butter setup.
Too bad /CL is too large a product for my account to trade it. Maybe gentleman's bet instead.
Testing out the ToS chart sharing feature
Crude Oil - (Bullish) Pin Bar