Buy or Sell? Pin Bar Fails Break Above Downtrend #Trading #Crypto #Forex

Welcome to LinixBit!
This is Ali Oliyee, and in today’s video we break down a price action sell setup formed at a downtrend trendline, using pin bar rejection and trend continuation logic.

We begin by identifying the downtrend by connecting the high to the lower high and extending the trendline forward. As price moves back toward this structure, we observe a surge reaction into the trendline, creating a critical decision area.

At the trendline, a pin bar with a long upper shadow forms. This candle shows that buyers attempted to break above the trendline, but failed as sellers stepped in aggressively and rejected higher prices. The rejection confirms that the trendline remains valid resistance.

With this confirmation, we enter a sell position in alignment with the overall downtrend. The stop loss is placed above the shadow of the pin bar, protecting the trade if price manages to break and hold above the trendline.

For the target, we use a horizontal level below, which acts as the next logical area of price reaction. As price reaches this level, we take profit and exit the trade, completing a clean trendline-to-support move.

This setup shows how trendline reactions, pin bar rejection, and trend alignment can be combined to trade high-probability sell setups using pure price action.

⚠️ Disclaimer
This video is for educational purposes only and does not constitute financial advice. Always manage risk and do your own analysis.

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Видео Buy or Sell? Pin Bar Fails Break Above Downtrend #Trading #Crypto #Forex канала linixbit