Tag: Candlestick pattern
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Pin Bar Candlestick pattern
What is a Pin Bar? Appearance: A pin bar is a single candlestick with a small body and a long wick (also called a shadow or tail). The long wick resembles the nose of Pinocchio, hence the name. Signaling: Pin bars are primarily reversal patterns, suggesting a potential shift in market sentiment. Types of Pin Bars:…