Pin Bar

pinbar pattern is formed due to extreme seller / buyer resistance and begins with a surge of high volatility and ends with a victory that has been seeler or buyer. That can be information and indication of pinbar reversal.

I often find pinbar patterns but in my view in small time frames they are often false because pinbar patterns can form at any time in small time frames and their validity is not as accurate as pin bars in large time frames.

pin bar is my favorite pattern because it is very easy to find and identify and only needs a little confirmation to make it a signal entry, but we must remember that the weakness of pin bars is that they must be used in relatively large time frames.

Simple patterns like pinbar are indeed quite popular and are often used by traders, but their accuracy depends on the confirmation used and also the time frame, the larger the time frame, the more valid the pattern is for confirmation of entry.

pinbar is one of the very good patterns to confirm an analysis, for example if our trading system has a sell signal then when there is a pinbar our analysis is more accurate. I really like this pinbar pattern.

Pinbar patterns are one of my favorite patterns because these patterns are indeed good and accurate, and simple, so they can be easily identified. Pinbar is also often called the reversal pattern because it shows information about the strength of tolerance and also buyers who attract each other.