Technical Definition
A single-candle bullish reversal pattern characterized by a long lower wick and a small body near the top, signaling a forceful rejection of lower prices and a potential trend reversal.
Sellers push price down, buyers step in aggressively, and price closes back up — rejecting lower levels.
Strong selling attempt failed.
Market Psychology
Pressure
Market is in a downtrend or pullback Sellers are confident Lower prices seem likely
Probe
Sellers push price sharply lower Stops are triggered Panic selling may occur
Defense
Buyers enter aggressively Selling pressure is absorbed Price is pushed back up near the open or high
Pattern Anatomy
Long lower shadow (wick)
Rejection of lower prices, buyers stepping in.
Small real body
Located near the top, shows closing strength.
Small/No upper shadow
Little to no selling pressure at the close.
Pattern Rules
Appears after a decline or pullback
Reversal context.
Lower wick is 2-3x size of real body
Strong rejection.
Real body is small and near top
Bullish close.
Close is above or near the open
Strength.
Upper wick is small or absent
No selling overhead.
Signal Confirmation
- A bullish candle closing above the Pin Bar’s high
- Price holding above the midpoint of the Pin Bar
- Confluence with support and trend direction