1.0Vital Statisticshttps://www.vitalstatistics.infoLeonie Brekkehttps://www.vitalstatistics.info/author/admin/rich600338<blockquote class="wp-embedded-content" data-secret="Goi2zW8Py8"><a href="https://www.vitalstatistics.info/what-is-pin-bar-trading-strategy-in-forex/">What is Pin Bar Trading Strategy in Forex?</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.vitalstatistics.info/what-is-pin-bar-trading-strategy-in-forex/embed/#?secret=Goi2zW8Py8" width="600" height="338" title="“What is Pin Bar Trading Strategy in Forex?” — Vital Statistics" data-secret="Goi2zW8Py8" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /* <![CDATA[ */ /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); /* ]]> */ </script> https://www.vitalstatistics.info/wp-content/uploads/2021/08/Paste-24.jpg800533The pin bar is a prevalent price action strategy. It makes a candlestick shape, much like Pinocchio’s nose. Hence, the “Pin bar” is a modified word for the term Pinocchio Bar. The pin bar represents sharp reversals of trends or rejections of price levels.  These frequently appear when there are strong trending moves in the market, creating a break in the momentum of the price. This break is called a “lie” or false move because the price can come back to the previous candle’s range.  Short-term traders mostly enter during price breaks. Seeing a candle, they can be deceived in […]