Trading

(Pinbar candle power analysis)

📍 Pin bar candle is one of the popular target patterns in technical analysis, which is used financially in order to predict the possible change in price direction in the markets. This pattern is divided into two categories, ascending and descending, and each is a different indicator.

Pinbars are very useful in price action strategy. The pin bar candlestick pattern has a short body but a long shadow. In this simple market pattern, the price reaches a certain level and returns after hitting it
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These patterns are popular among traders due to their simplicity and power.