TERM OF THE DAY - INSIDE BAR CANDLESTICKAn Inside Bar candlestick pattern is a technical analysis pattern that occurs when the price range of a candlestick is completely within the price range of the previous candlestick. In other words, the high and low of the current candlestick are contained within the high and low of the previous candlestick.
Inside Bars can be either bullish or bearish, and they are generally considered to be a sign of consolidation or indecision in the market.
Traders often look for Inside Bars as potential signals for trading opportunities, either by using the pattern as a confirmation signal or by placing trades on a breakout of the pattern's high or low.
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