Disliked{quote} I don't think an adjacent candle disqualifies a candle from being a pinbar. Pinbar is just the shape of a bar regardless of where it occurs. As long as: (1) the shadaw is much larger than the body of the candle,(2) body is towards one end,(3) body is small. Alex's chart looks like a pinbar to me. ***Look @ pinbar drawing below with pinbar being higher than previous bar. This was copy & paste from website. {image} {image}Ignored
Hi SRT hope you don't mind but i want to contradict you. In picture 1 that is not a pinbar that is a BUOB. In second picture yes that's a pinbar.
This was copy & paste from website. what website?