Candlestick patterns are not just drawings on the chart… they are a language whispered by the market to those who know how to listen!
In today's session, we saw the formation of a "Pin Bar" after a strong drop in BTCUSDT on the hourly timeframe. This candle may mean a lot: hesitation, manipulation, or even the start of a reversal.
🎯 For beginners: The Pin Bar candle features a long tail and a small body, and is used as a reversal signal, especially at supply or demand areas.
📚 Tip for professionals: Don't rely solely on the candle, but link it with indicators such as:
RSI to confirm overbought/oversold
Volume to monitor institutional flow
Supertrend to confirm the overall trend
🚀 Today's Strategy:
If a reversal candle (such as a Pin Bar or Engulfing) appears at a previous Order Block + RSI overbought/oversold, this is considered a golden entry level.
📢 Have you ever used this method? Share your opinion in the comments!
⚠️ Disclaimer:
This content is for educational and analytical purposes only and should not be considered financial advice or a recommendation to buy or sell. Trading carries risks and may lead to capital loss. Always do your own research.