Even if the daily TF has formed
a bearish pinbar, the 2 hour TF is in a down trend but the bullish engulfing candle shows a reversion to the mean.
The shooting star candlestick pattern, also known as the pinbar (or
bearish pinbar) by some, is one of the most popular candlestick patterns among price action traders.
Not exact matches
Trading
bearish Significant Pin Bar at major resitance or trading bullish
pinbar at major Support.