CANDLESTICK PATTERN
Pin bar
A long-tailed rejection candle whose meaning depends on location and follow-through.
Rules visible before the outcome
- One wick is materially longer than the body
- The close returns toward the opposite end of the range
- The bar forms at a predeclared structural area
02 / CONFIRMATION
When the idea becomes eligible
Define whether confirmation requires the close itself, a break of the bar, or the next close.
03 / INVALIDATION
What proves it wrong
Usually beyond the rejected extreme, with any volatility buffer specified in advance.
The attractive mistake
Small bodies appear frequently; without location and regime filters the label selects noise.
Make it falsifiable
Encode wick-to-body and close-location ratios, then compare structural and random locations.
1Freeze the geometry
2Timestamp eligibility
3Count every outcome
4Test unseen data