Price action and patterns

Pin bar at a key level

1H–daily (15m works)

The rules, in plain English. Ask Wicky “Is my setup here?” and it checks each one on your chart, says what’s still missing, and draws your levels.

The rules

Level: a clear support or resistance, a round number, or a moving average the market respects.
Trigger: a pin bar at that level: a wick at least twice the body that pokes through the level, and a close back on the near side, ideally with the trend.
Entry: the pin bar's close, or a break of its high (its low for shorts).
Stop: beyond the pin bar's wick.
Target: the next level. At least 2R.
Skip it if: the pin bar is in the middle of a range, away from any level.
On the chart: the level and the pin bar.

Try this setup on your chart ›Wicky for Mac

How Wicky checks it

Hold ⌃⌥ over your chart and ask. Wicky reads the chart on your screen, on any platform, and checks every rule above, starting with “Level: a clear support or resistance, a round number, or a moving average the market respects”. Then it answers out loud: not yet, and what you’re still waiting for, or your entry, stop and target with the risk-to-reward, drawn on your chart and locked to it as you scroll.

Trade it a little differently? Change any rule, or write your own in plain English. Wicky checks your version, not a textbook’s.

Wicky checks your own rules. It doesn’t tell you to buy or sell, doesn’t predict price and never places trades. Trading involves substantial risk of loss. ICT and Smart Money Concepts are named to describe setups; Wicky isn’t affiliated with their authors.