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THREETREND RESEARCH

11th Aug · SEBI-Registered Analyst

Pin Bar

$CHOLAFIN A **Pin Bar** is a candlestick pattern that shows strong rejection of a price level, usually identified by a **small body and a long wick** on one side. A long lower wick suggests that sellers pushed the price down but buyers strongly rejected lower levels, indicating potential bullish reversal, while a long upper wick shows rejection from higher levels and can indicate bearish pressure. Pin Bars become more reliable when they form near **support, resistance, trendline zones, or after a strong price move**, especially when confirmed by the next candle.

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