๐Ÿ•ฏ๏ธ PRICE ACTION STRATEGIES ยท STRATEGY TEMPLATE

Pin Bar
Reversal

Trade high-probability reversals using pin bars (long wick rejection candles) at key support and resistance levels.

Price Action1Hโ€“Daily2:1 R:RLow Risk
65%
Win Rate
2.3:1
Avg R:R
3-6
Trades/Week

Rules & Configuration

The full rule set, required indicators, suggested configuration, execution flow, and performance parameters for the Pin Bar Reversal setup.

Trade high-probability reversals using pin bars (long wick rejection candles) at key support and resistance levels.

S/R LevelsPin Bar ScannerFibonacci Levels
๐Ÿ“ˆ Bullish Pin Bar
  • Pin bar forms at key support level
  • Lower wick must be 2ร— or more the body length
  • Close must be in upper 1/3 of candle range
  • Pin bar must reject a known S/R or fib level
  • Enter at close or 50% retrace of pin bar
๐Ÿ›ก๏ธ Risk Management
  • Stop Loss: Below the pin bar low + buffer
  • TP1: Next resistance level
  • TP2: 2ร— the pin bar range
  • Risk: Max 1.5% per trade
Strategy Flow
Identify Key Levelโ†’Pin Bar Formsโ†’Confirm Rejectionโ†’Enter at Closeโ†’๐ŸŸข TRADE ACTIVE
65%
Win Rate
2.3:1
Avg R:R
3-6
Trades/Week
๐Ÿ’ก Pro Tip

Pin bars at the daily 200 EMA combined with a round number support level are the highest probability reversal signals in all of price action trading.

More Price Action Strategies Strategies

๐Ÿ“ฆ Inside Bar Breakout ๐Ÿ”ฅ Engulfing Pattern Momentum ๐Ÿ“‰ Double Top Reversal ๐Ÿ”„ Failed Breakout Reversal