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What does pinbar mean?
Pin Bar, the abbreviation of Pinocchio Bar, is a single candlestick setting that allows price action traders to enter the potential reversal of the market.

? The needle bar is a slender wick, which can be "extended" from the price behavior. Traders usually look for a single-sided wick twice the size of the candlestick body.

? When traders see the slender wick sticking out of the price trend, they can find the motivation to form a long wick by looking for reversal.

? So, if a trader sees a long wick suddenly appear under the price action; They can wait a long time. If a trader sees that a long wick exceeds the price, they may want to short it.

? Just like Pinocchio's nose-the slender wick of the needle bar can tell us that lies are told.

? But not all long nuclei are equal. In fact, many of these long cores are not needle bars at all; But this does not mean that price action traders cannot use them.