SBUX PINBAR

Here is one of my most explosive setups, the Pinbar. A bullish Pinbar on a HTF chart tells us that sellers tried pushing price lower but failed miserably due to a strong surge in buyers taking control and this is also confirmed by the CVol [Closing Volume] + The inverse head and shoulders on the LTF (5m). If you look at the 5m charts volume the last bar was much more noticeably larger than every proceeding volume bar which can be an indication to investors outlook on the next trading day.