Do you even...Pinbar?

FX:EURUSD   Euro / U.S. Dollar
Can you figure out the differences in the three pinbars highlighted...bearing in mind that the shape, length, or colour of the pinbar does not matter in this case.

Pinbars occur in the market as a result of two scenarios:
1) When institutional traders place large positions in order to reverse what we call a "trend"
2) When institutional traders take profit off existing trades, this action reduces the "volume" within a candle...hence the wick.

Comment if you have questions about pin bars.
Comment: 16:06pm GMT - Today's candle is currently forming a pinbar. refer to the above to determine your trade.


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out