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Pin Bar
- The pin bar candlestick is a potential trend-reversal pattern
- It has a small body with a long tail (wick)
- The pin bar looks like the appearance of a “pin”.
- A bullish pin bar will have the body on the upper part of the bar with a long tail or “wick” below it.
- A bearish pin will have the body on the lower part of the bar with a long tail or “wick” above it.
- If the chart has red and green colours to show candles, a bullish pin bar can be red or green and the bearish pin can also be red and green.
