DislikedI also use "Volume" in this type of set ups.
If you look at the chatrts below I post to different situations when a pin occur.In one case we see a reversal,in the other is a fail.
When I see a pin I also like to take a look at the volume.
If I see a spike in the volume, wich would be way above the average,than I know I have a better chance to see a true reversal.
The logic behind this is based on "supply and demand"
If we have an increased activity on a pin bar that tells us there is more pressure for an reversal than usual.
ChrisIgnored
p.s. is there a way to plot the average on a volume meter from mt4 platform?
"Believe nothing you hear and half of what you see." Proverb