1) Pin bar act as support and resistance 2) Low of bullish pin bar act as support and high of the bearish pin bar act as resistance 3) logically a Pin Bar should close in favor of the prevailing trend, for example if the trend is up then the Pin Bar should have the closing higher than the open and should be a bullish Pin Bar. The opposite applies for a down trend. WOULD WELCOME DISCUSSION THROUGH COMMENTS SECTION
disclaimer - for educational purpose only.
disclaimer - for educational purpose only.