{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/pin-bar-on-silver\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/pin-bar-on-silver\/","headline":"Silver Pin Bar","name":"Silver Pin Bar","description":"The price action on silver formed a false break Pin Bar reversal on the daily chart. The Pin Bar was against the trend, however this market was due for a pullback after such a large move higher. When the low of this Pin Bar was taken out, price cruised on lower into the near term […]","datePublished":"2012-09-27","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\/09\/silver.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2012\/09\/silver.png","height":"338","width":"651"},"url":"https:\/\/forexschoolonline.com\/pin-bar-on-silver\/","about":["Price Action Charts in Focus"],"wordCount":125,"articleBody":"The price action on silver formed a false break Pin Bar reversal on the daily chart. The Pin Bar was against the trend, however this market was due for a pullback after such a large move higher.When the low of this Pin Bar was taken out, price cruised on lower into the near term support area. This market is in an up-trend and until the market shows us\u00a0otherwise, we favour the trend continuing.Price on the daily chart has now formed a bullish rejection candle which is rejecting support. This could see price on silver continue it’s move higher, and if this is the case a test of the recent highs could be on the cards. SILVER DAILY CHART – 27 SEP 2012 "}