Trade high-quality reversals using pin bars (long wick rejection candles) at key support and resistance levels.
Indicators Used
S/R LevelsPin Bar ScannerFibonacci Levels
Rules
📈 Bullish Pin Bar
- Pin bar forms at key support level
- Lower wick must be 2× 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
🛡️ Risk Management
- Stop Loss: Below the pin bar low + buffer
- TP1: Next resistance level
- TP2: 2× the pin bar range
- Risk: Max 1.5% per trade
Strategy Flow
Identify Key Level→Pin Bar Forms→Confirm Rejection→Enter at Close→🟢 TRADE ACTIVE
1H, Daily
Timeframe
2.3:1
Target R:R
Conservative
Approach
💡 Pro Tip
Pin bars at the daily 200 EMA combined with a round number support level are a high-quality reversal signals in all of price action trading.