The color of the real body (bullish or bearish) does not matter, and it should have
a small upper shadow.
Not exact matches
The actual pin bar itself is a bar with a long
upper or lower «tail», «wick» or «
shadow» and a much
smaller «body» or «real body», you can find pin bars on any stripped - down, «naked» bar chart or candlestick chart.
The actual pin bar itself is a bar with a long
upper or lower «tail», «wick» or «
shadow» and a much
smaller «body» or «real body», you can find pin bars on any stripped - down, «naked» bar chart or candlestick chart.
They usually have relatively
small upper and lower
shadows, although there are exceptions.
Both candlesticks have petite little bodies (filled or hollow), long
upper shadows, and
small or absent lower
shadows.
The
small real body (whether hollow or filled) shows little movement from open to close, and the
shadows indicate that both buyers and sellers were fighting but nobody could gain the
upper hand.
This weakness could be in the form of tall
upper shadows or progressively
smaller real bodies.
A
small white cloud floats in the
upper right, casting a
shadow on the ground below, creating a feeling of vast open depth across a real span of canvas that measures about 5 feet.