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How to identify and form Pin Bar Candles

How to Identify and form Pin Bar Candles

ShareTweetShare25 SharesPin Bar, which is short for ‘Pinocchio Bar,’ is a single candlestick setup that clues price action traders into potential reversals in the market. A pin bar candle is an elongated wick that ‘sticks out’ from price action. Traders will usually look for one-sided wicks that are two times the size of the body of the candlestick. I. Identify pin …

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How to Read the Japanese Candles
How to read the Japanese candles

Just like a bar chart, a daily candlestick shows the market's open, high, low, and close prices for the day. The candlestick has a Read more

How to Read the Japanese Candles

How to read the Japanese candles

ShareTweetShare15 SharesJust like a bar chart, a daily candlestick shows the market’s open, high, low, and close prices for the day. The candlestick has a wide part, which is called the “real body.” This real body represents the price range between the open and close of that day’s trading. In the first part, we are going to cover how …

How to Read the Japanese Candles Read More »

Related Posts
How to identify and form Pin Bar Candles
How to Identify and form Pin Bar Candles

Pin Bar, which is short for 'Pinocchio Bar,' is a single candlestick setup that clues price action traders into potential reversals in the Read more