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--- 0_public:candlesticks [2024/12/09 09:53] – pointnm
+++ 0_public:candlesticks [2025/03/22 22:42] (current) – [Pinbars] pointnm
@@ Line 15: / Line 15: @@
 Generally, 2 and 3 candlestick patterns carry more weight because they offer more context in our opinion.
-===== Pinbars =====
-Pinbars are probably among the most commonly discussed candle patterns. Pinbars are usually rejection patterns and they can often suggest a potential trend reversal; especially when they occur at support and resistance areas, or after long trends.
-A pinbar is made up of a relatively small body and a larger wick to one side. In case of a bullish pinbar, the long wick is showing a failed attempt to move higher because sellers pushed price down from the highs. The longer the wick and the further away the close from the rejection wick, the stronger usually the signal.
-{{topic>[pinbar]}}