Pin bars at levels: do you trade them?
A pin bar — a long wick with a small body — at a support or resistance level is the classic rejection signal. The context is everything: a pin in the middle of nowhere is just a wick.
What's your pin-bar ruleset?
- the level quality you require
- the wick-to-body ratio you accept
- how you handle pin bars that fail
The candlestick guide decodes the pin bar's anatomy.
Background: How to read candlestick charts
Candlesticks pack four prices into one shape. How to read the body and wicks, what timeframes mean and why single patterns are weaker than they look.
What do the wicks on a candlestick mean?
The wicks show the highest and lowest prices reached during the period. A long wick shows that the price moved there but was pushed back before the candle closed.
Are candlestick patterns reliable?
Not on their own. They are more meaningful at important price levels and on higher timeframes, and they should be combined with a clear plan for risk.
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