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.

Pin bars at levels: do you trade them? — support and resistance diagram
Price bouncing between support and resistance

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
Pin bars at levels: do you trade them? — candlestick anatomy diagram
The parts of a candlestick: wick, body, open and close

The candlestick guide decodes the pin bar's anatomy.

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