The Inside Bar is a lovely pattern that shows consolidation in a valuable way. As you can see the candle parent candle creates the high and low that will low key to know the consolidation is over. Price staying inside this area tells you so many things !
1. The Market volume is low in terms of trades being executed on the instrument.
2. Where price is at fair value
3. When price action is ready to leave fair value.
Take a look at your chart and back test this. You will be amazed !
1. The Market volume is low in terms of trades being executed on the instrument.
2. Where price is at fair value
3. When price action is ready to leave fair value.
Take a look at your chart and back test this. You will be amazed !
