In this first part, we reveal a simple but powerful secret of candles:
The Candle 'Pin Bar' 🕯️
This candle looks simple... but behind it is a big story that the whales fear!
✅ Its shape:
Very long wick on one side (upper or lower) + small body on the opposite end
✅ Its meaning:
📉 If the wick is long upward = tremendous selling pressure = bearish reversal
📈 If the wick is long downward = strong sudden buying = bullish reversal
✅ Where does it appear?
It becomes deadly when it appears at strong support or resistance areas 🔥
✅ How do you use it?
1. Identify a support or resistance area on the chart
2. Wait for the appearance of the 'Pin Bar' candle
3. Enter after breaking the high or low of the candle
4. Place your stop loss just behind the long wick 🎯
💡 Reminder: The candle is not magic... it needs confirmation from the overall context and technical analysis
📌 Try to observe it yourself on the chart now!
The secret is in the details... and the market speaks to those who know how to read it.
🔎 Stay tuned... the next one is more dangerous!
