Inside Bar Candlestick Formation To Generate Profit🔥🎉
An inside bar candlestick is a price pattern that occurs on a candlestick chart, typically indicating a period of consolidation or indecision in the market. Here’s a breakdown of its characteristics and significance:
Characteristics:
An inside bar consists of two candles:
The first candle (the "mother bar") has a larger body and range.
The second candle (the "inside bar") is contained entirely within the high and low of the mother bar.
