Step 1:

Identify the Pin Bar

A pin bar is a candle with:

Long wick (shadow) and small body

Shows rejection of a price level (e.g., buyers push BTC up or sellers push it down)

Direction hint:

Long lower wick → bullish signal (buyers stepping in)

Long upper wick → bearish signal (sellers stepping in)

Tip: Look at 5-min or 15-min charts for scalping. Too long (1H+) and you miss micro-moves.

Step 2:

Confirm with Support/Resistance

Check if the pin bar touches a strong support or resistance level.

Example: BTC dips to $27,500 (support) and forms a long lower wick pin bar → potential bounce.

Step 3:

Entry

Bullish pin: Enter just above the candle body

Bearish pin: Enter just below the candle body

Keep your stop-loss just beyond the wick (the “rejection” part) to minimize risk.

Step 4:

Take Profit

Scalping is quick. Target 1–2% gains per trade or the next resistance/support zone.

Avoid being greedy; micro-profits add up.

Step 5:

Use Binance Tools to Your Advantage

Limit & market orders: Use limit orders to enter at the perfect spot.

Stop-limit: Protect yourself from sudden BTC swings.

Binance Square Analytics: Spot trending micro-moves in BTC for potential scalping setups.

Quick Example

BTC drops to $27,500 → long lower wick appears (5-min candle)

Enter at $27,520 (above pin body)

Stop-loss: $27,480 (below wick)

Take profit: $27,770 (next resistance)

✅ Result: ~1% gain in 5–15 minutes