Inside Bar daily market analysis.
Expecting EU, EG, EA to coming down in the next few days.
what is Inside Bar?
-Impulse bar with smaller bars trading inside the range of the impulse bar.
Inside Bar rules:
- First inside bar pull back must be 50% or less of the impulse bar
- there must be minimum 2 inside bars, 3 or more is better
-Impulse bar measure from wick to wick,
-Inside bar measure from open to close, only the body of the inside bar need to be in the range, we don't count the wick for inside bar
Expecting EU, EG, EA to coming down in the next few days.
what is Inside Bar?
-Impulse bar with smaller bars trading inside the range of the impulse bar.
Inside Bar rules:
- First inside bar pull back must be 50% or less of the impulse bar
- there must be minimum 2 inside bars, 3 or more is better
-Impulse bar measure from wick to wick,
-Inside bar measure from open to close, only the body of the inside bar need to be in the range, we don't count the wick for inside bar