The pin bar is popular, but not for beginners; it is especially for senior traders who are able to predict the direction of this market by using a candlestick. Only professionals in Forex are able to make consistent profits by using this pin bar trading strategy.

Pin bars typically occur when a pin bar is formed and the subsequent candles do not close anywhere near the high or low of the pin-bar. The Pin-bar has a long lower shadow and a short upper shadow with little to no difference between the two. The body of the pin bar typically indicates an area of price consolidation that can often be followed by a trend reversal, as traders attempt to capitalize on a specific sentiment.

Pin bar is a type of trading pattern that forms on an instrument's price chart. Pin bars are characterized by long narrow lines with small tails. They form at the top or bottom of a trend, indicating a short-term reversal in prices. Pin bars are usually not traded because they are considered to be too expensive, but traders may buy other options after the pin bar forms to take advantage of the potential change in price trends.