Pin bars in the bar chart world are essentially the equivalent of hammers and shooting stars in the candlestick chart world. These single-bar price action indicators can be exceptionally effective ...

Sometimes called the candlestick strategy because of its distinctive shape, the pin bar pattern looks like a candle with a long wick on it. It represents a sharp reversal and rejection of a particular ...

Traditionally, aggressive traders enter at market after a Forex Pin Bar is formed. However, the stop placed below the tail of a pin bar could be 200 or more pips. Many times, price will retrace ...

It witnessed a bullish pin bar candlestick pattern at 20-DMA during the recent pullback. The previous swing high of Rs 616 is an immediate hurdle; above this, we can expect a rally towards Rs 666 ...

It bounced off a support at ₹500 and it formed a bullish pin bar candlestick, hinting at a potential reversal in trend. Note that the price band of ₹470-500 is a considerable support band ...

Sometimes called the candlestick strategy because of its distinctive shape, the pin bar pattern looks like a candle with a long wick on it. It represents a sharp reversal and rejection of a particular ...