Tag: Pinbar

  • 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:…