Last Updated on: 15th February 2021, 10:25 am
In the study of candlesticks, the pinbar is a single candlestick that hints the traders about a possible reversal in the market. A pin bar has a small body, but a long wick usually two times the size of a candle’s body and by nature, it’s a reversal candle.
Vincent Nyagaka is a Professional Trader, Analyst & Author. He has been actively engaged in market analysis for the past 7 years. He has a monthly readership of 100,000+ traders and has taught over 1,000 students since 2014. Vincent is also an experienced instructor and public speaker. Check out Vincent’s Professional Trading Course here.