What Is A Bullish Pin Bar?

The bullish pin bar candlestick appears at the bottom of a downtrend and signals a potential bullish reversal.

The hammer appears when sellers are trying to push the price lower, where prices fall during the speculation period, but buyers reject the price.

• The Bullish Pin Bar Candlestick Is Made Up Of :

1. small body (any color)
2. long lower shadow which indicates that buyers are trying to push the market upward
3. little or no upper shadow

Submitted January 07, 2022 at 02:23AM by elliottwavemonitor https://ift.tt/3qVauTZ