About this document

Inside and Outside Bar Candlestick Guide by Bharath Prasannan is a document available to read on EtoBox.

The document discusses two types of candlestick formations: Inside Bars (IBs) and Outside Bars (OBs). [1] An IB occurs when a candle is completely engulfed by the previous candle, indicating a possible reversal. IBs often appear at the top of price waves before the direction changes. [2] An OB is the opposite, with a candle extending above and below the previous one. OBs can signal either a continuation of the prevailing trend or a reversal, depending on the color (direction) of the closing candle. [3

Author

Bharath Prasannan

Language

EN