There are two types of pinbar like
one is Long legged Pinbar and another is normal Pinbar.

Long Legged Pinbar

  • They have a tail or shadow that is OBVIOUSLY much longer than the nearby or surrounding price action.
  • <title>HTML баннеры</title><meta name="description" content="Cost Per Action"><a href="http://instaforex.org/en/cpa_partner.php/?x=JLVI">Cost Per Action</a>
  • They tend to be very high probability signals.
  • They occur much less frequently than other pin bars, but they often lead to major market moves.
  • They can be difficult to enter due to wide stop loss requirement.and you sometimes need to wait for a second chance entry to enter them.

  • Long-tailed pin bars can set the theme for a major reversal in trend or a major continuation of trend.
  • They offer high-reward to risk, especially if the entry can be fine-tuned.


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