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Mehrad
@mrmehrad99
(Pinbar candle power analysis) š 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.
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Golikurd š©ššš¹
@golikurd
25 $DEGEN The pin bar candlestick pattern is one of the most powerful trading patterns that was first used by a person named Niall Fuller. The first characteristic of a pin bar pattern is reversal candles.
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Mehrad
@mrmehrad99
The first feature of the pin bar pattern that you rightly mentioned is the reversal candlesticks. These candles have a small body and a long tail in the opposite direction of the prevailing trend.
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