
Pinpars Rock
Pinbars are very easy to spot, and are a very reliable indicator of a good trade entry opportunity in my opinion.
Pinbars are sometimes referred to as Hammers or Shooting Stars (Inverted Hammers) in candlestick parlance when bullish entries occur.
For potential entries, I use 1-hour or higher charts, never lower timeframes.
Good tails with small real bodies are a must.
Pinbars are sometimes referred to as Hammers or Shooting Stars (Inverted Hammers) in candlestick parlance when bullish entries occur.
For potential entries, I use 1-hour or higher charts, never lower timeframes.
Good tails with small real bodies are a must.
There is no widely recognised trading tool specifically called “Pinpars Rock” indicators, so it may be a niche or proprietary term combining “Pin bar” and “support/resistance.” If that’s the case, it likely refers to using pin bar candlestick patterns in combination with strong support or resistance zones to identify potential reversals. A pin bar shows a small body with a long wick, signalling market rejection of a price level. When such patterns form at key support or resistance, they can indicate high-probability trade setups. Traders often combine these with confirmation tools like volume, trendlines, or moving averages. The idea is to filter false signals and enter trades only when market structure and price action align.
Oct 08, 2021 00:08