How to used pinbar trading binary option


Pinbar is one of  indicator I used when trading binary option because when this pattern appear on chart usually will happen price will move to reversal direction.
The pin bar formation is a price action reversal pattern that shows that a certain level or price point in the market was rejected. Once familiarized with the pin bar formation, it is apparent from looking at any price chart just how profitable this pattern can be. Let’s go over exactly what a pin bar formation is and how you can take advantage of the pin bar strategy in the context of varying market conditions.

So when the price have reach the support and resistance line wait rejection happen and you will see the pinbar and then after price close you can open position
After Down trends open Call
After Up trends open Put
Trade with expired 5 minutes
Try this on demo account
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