Glossary / Candlesticks

Pin bar

An educational concept. Not a signal, not a strategy, and not a trade Josh has taken.

A row of sculptural candlesticks: solid teal up candles and translucent red down candles, with wicks and no prices.
Illustration of the idea, not a market chart and not a result.

A price-action term for a candle with one long wick (often around two-thirds or more of the whole range) and a small body at the other end. Hammers and shooting stars are pin bars in specific contexts.

How traders use it: The wick should poke through a level and the body close back on the original side. Invalidation is commonly placed beyond the wick tip.

Common mistake: Taking pin bars that do not reject anything meaningful, or whose wick is the stop for half the market.

Related: Hammer · Shooting star · Swing failure pattern (SFP) · Rejection

See this term in the full glossary · All terms

Concepts only. Education only, not financial advice. No pattern on this site has a published win rate.