{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/nzdjpy-fires-off-live-daily-bullish-pin-bar\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/nzdjpy-fires-off-live-daily-bullish-pin-bar\/","headline":"NZDJPY Fires Off Live Daily Bullish Pin Bar | 3rd Oct 2013","name":"NZDJPY Fires Off Live Daily Bullish Pin Bar | 3rd Oct 2013","description":"The NZDJPY has fired off a live bullish pin bar on the daily price action chart. This pin bar is rejecting the recent support level. Price during the daily session moved down lower to test the support before snapping back higher and creating the pin bar. Whilst this pin bar is valid and is sticking [&hellip;]","datePublished":"2013-10-03","dateModified":"2019-08-05","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2013\/10\/nxj.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2013\/10\/nxj.png","height":"590","width":"1076"},"url":"https:\/\/forexschoolonline.com\/nzdjpy-fires-off-live-daily-bullish-pin-bar\/","about":["Price Action Charts in Focus"],"wordCount":245,"articleBody":"The NZDJPY has fired off a live bullish pin bar on the daily price action chart. This pin bar is rejecting the recent support level. Price during the daily session moved down lower to test the support before snapping back higher and creating the pin bar. Whilst this pin bar is valid and is sticking out and away from all other price; how all good pin bars should, it does have a few points that make it less than an A+ pin bar.Just above this pin bar is a very minor resistance level. This resistance could get in the way of price moving higher. If price can bust through this area then it wont be a worry, but for any traders looking to take this trade it is a major concern. For price to have any chance of moving higher price will have to break the high of the pin bar. If price can gain momentum and move through the minor overhead resistance, the next resistance level comes in around 81.85.&nbsp;NZDJPY Daily ChartSpecial Note:\u00a0All setups posted in this section are market commentary only and not trading signals. If you would like to know what Johnathon and the Forex School Online&#8217;s Coaches are trading in live time, you can join up to the Forex School Online Lifetime Membership where members gain access to the live price action setups forum plus a heap more. See here: Forex School Online&#8217;s Lifetime Membership."}