16 February 2017, EUR/USD
Daily chart: previous day closed with a very promising bullish pinbar from lower Bollinger band, that gives us an opportunity to buy towards oncoming bearish Over&Under pattern around 1.0770 (see red arrow). I suggest trading in both directions - there is quite an interesting set-up with good risk-to-reward ratio, one can easily determine places for stop-losses.
Н4: here we see entry point in daily pinbar - local bullish Over&Under from 1.0565 region (see yellow area). We may set stop-loss orders at yesterday's lows around 1.05
Н1: the pattern is also valid for this time frame. One may consider limited buying from 1.0565. Oncoming resistance levels are at 1.0640, 1.0656, 1.0694. There one may close intraday trades.
Expectations: rollback to 1.0565 region and then sharp rise towards 1.0694
Solutions: consider buying from 1.0565 to 1.0694
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