The pin bar formation is a price action reversal pattern that shows that a certain level or price point in the market was rejected. The pin bar itself is a bar with a long upper or lower wick and a much smaller body.
In a bullish pin bar reversal setup, the pin bar’s tail points down because it shows rejection of lower prices or a level of support. This setup very often leads to a rise in price.
In a bearish pin bar reversal setup, the pin bar’s tail points up because it shows rejection of higher prices or a level of resistance. This setup very often leads to a drop in price.
Easy Pinbar provides a comprehensive dashboard that allows you to view the formation of Pinbar on multiple instruments across 6 timeframes (M5, M15, M30, H1, H4, D1) at one glance. In this way, you do not miss out any trading opportunities even on the go.Key Features
☆ Timely display of Pinbar formation on multiple instruments (Forex, Commodities and Cryptocurrencies) across 6 timeframes (M5, M15, and M30 are only available for subscribers on the watch list),
☆ Timely push notification alert when Pinbar is formed on your favourite instruments on your watch list,
☆ Display headline news of your favourite instruments,
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