Trade high-probability reversals using pin bars (long wick rejection candles) at key support and resistance levels.
Indicators Used
S/R LevelsPin Bar ScannerFibonacci Levels
Rules
๐ 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
๐ก๏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 LevelโPin Bar FormsโConfirm RejectionโEnter at Closeโ๐ข TRADE ACTIVE
65%
Win Rate
2.3:1
Avg R:R
3-6
Trades/Week
๐ก 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.