{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/oil-pin-bar-reversal\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/oil-pin-bar-reversal\/","headline":"Oil Pin Bar Recap","name":"Oil Pin Bar Recap","description":"Previously in this blog we discussed a 4hr Pin Bar on the Oil chart that had looked to turn the market back lower. To read that post see here: Oil Pin Bar At the time of writing the above post, price was sitting on support of the range. Once price broke this range low we […]","datePublished":"2012-10-05","dateModified":"2019-08-04","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\/2012\/10\/oil2.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2012\/10\/oil2.png","height":"388","width":"680"},"url":"https:\/\/forexschoolonline.com\/oil-pin-bar-reversal\/","about":["Price Action Charts in Focus"],"wordCount":110,"articleBody":"Previously in this blog we discussed a 4hr Pin Bar on the Oil chart that had looked to turn the market back lower. To read that post see here: Oil Pin BarAt the time of writing the above post, price was sitting on support of the range. Once price broke this range low we had a major collapse lower which provided price action traders with a great chance to lock in some profit at a great risk reward.Price has now found support and climbed back higher. If this\u00a0up-move\u00a0continues\u00a0we could see the highs that the Pin bar rejected tested again. OIL 4HR CHART – 5 OCTOBER 2012 "}