Field notes
When a pin bar still needs a second candle
A pin bar that rejects a level is a story with a missing ending. The long wick shows where price travelled and failed; it does not yet show who won the next auction.
What confirmation can look like
On a five-minute FTSE chart, a bullish pin bar into support often needs the following candle to close above the pin’s high. On a daily FX chart, traders sometimes accept a close back above the midpoint of the pin as enough. Neither rule is universal — both are confirmation rules you can write down.
What fails the idea
A doji that sits on the pin’s high without clearing it, or a close that slips back through the midpoint, usually ends the story. Session opens complicate this: a London open that gaps through the pin can rewrite the prior candle’s meaning before confirmation arrives.
Practice
Mark ten historical pin bars on your primary instrument. Note whether you would have required a close beyond the extreme or a midpoint reclaim. Bring the ones you still disagree with yourself about to a clinic or mentoring session.