Technical Definition
A single-candle bearish reversal pattern characterized by a long upper wick and a small body near the bottom, signaling a forceful rejection of higher prices and a potential trend reversal.
Buyers push price higher, sellers step in aggressively, and price closes back down — rejecting higher levels.
Strong buying attempt failed.
Market Psychology
Optimism
Market is in an uptrend or recovery Buyers are confident Higher prices seem acceptable
Trap
Buyers push price sharply higher Breakouts or stop-hunts may occur Late buyers enter aggressively
Slam
Sellers enter with force Buying pressure is fully absorbed Price is pushed back down near the open or low
Pattern Anatomy
Long upper shadow (wick)
Rejection of higher prices, sellers stepping in.
Small real body
Located near the bottom, shows closing weakness.
Small/No lower shadow
Little to no buying pressure at the close.
Pattern Rules
Appears after a rally or pullback
Reversal context.
Upper wick is 2-3x size of real body
Strong rejection.
Real body is small and near bottom
Bearish close.
Close is below or near the open
Weakness.
Lower wick is small or absent
No buying support.
Signal Confirmation
- A bearish candle closing below the Pin Bar’s low
- Price holding below the midpoint of the Pin Bar
- Confluence with resistance and trend direction