BTC INSIDE BAR BREAK UP
AIM 22000 AND 26000
we can see a strong bullish bar
fromed at 19251 and follow by
a spinning top, which is mother bar
today just break inside bar's High
and we can buy the break-out
The Market is downtrend for more than a year and last week it broke the support level and it take a retrace and formed a Two Bar fekey+IB combo. Expecting to go further low.
Since the weekly support level is bit ahead, better to keep the TP close
Something on the radar for us today was a potential bullish breakout on the US Dollar Index. We have a while to go, but currently the Tuesday daily candle is forming an inside bar (a bar that trades completely within the range of the previous days bar). Inside bars are a sign of consolidation & consolidation/contraction typically lead to expansion (imagine...
Alico Inc NASDAQ:ALCO produces citrus fruit, while engaged in catle ranching and conservation. So is in the Agricultural Operations Industru Group and is Ranked #1 in Profit Margins. Although, for the six months ended 31 March 2022, Alico, Inc. revenues decreased 7%.
The thing is that the technicals are showing strength. With a IBD RS rating of 94, ths stock...
$AAPL has an "inside bar" candle stick patter on both the daily and the weekly. I expect it to trend with the rest of the market on this macro uptrend. Candlestick patterns are still a new concept to me but I believe an inside bar is the indication of a reversal of a current downtrend. An inside bar is a bar that forms within the trending range of the preceding...
On weekly time frame Nifty formed a insidebar candlestick pattern.
What is an Inside Bar candle?
It is a combination of two candles
1st candle is a mother candle and which is big in size
2nd candle is a small candle and this candle form within previous candle.
Is it bullish or bearish?
Breaking below the low of mother candle will accelerate momentum in the same...
if IT sector remain negative on monday we can track some good trade in techm shorting opportunity as per insidebar setup short below 1300 towards 1180 to 1150 for the first atrget then trail your profit if it breks 1300 level's. so keep an eye on techm for monday in IT sector.
Breakup looks imminent after a 3 month consolidation.
A strong bullish bar that broke up slightly on 6 April followed by 2 inside bars (potentially bullish) retesting the neckline.
If trade goes our way (ie trend higher) leading to earnings, I would likely take most of the profits off before earnings.
Just my 2 cents and not a trade advice. Kindly do your own...
The GME inside day trade a few days ago was just amazing!
hope everybody did well on that trade!
Also in the "Meme sector" , SHIB recently also has some nice bounce!
Here we got this inside day that hasn't broken to either side yet.
I would love to trade the breakout only to join the recent momentum.
Let's see how it goes yo!