What is Inside Bar ?

A thread 🔖 on IB candlestick and its strategy !

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@Techno_Charts @JayneshKasliwal
#StockMarket
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What is the Inside Bar Pattern?
The inside bar pattern is a one candlestick pattern where price forms completely within the previous candlestick.
For an IB to be considered valid both the high and the low of the
candlestick or need to be completely inside the previous candle
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There is often confusion around the wicks or shadows of the candlesticks
NOTE : the inside bar takes into account the candlestick wicks.
This means that the high and low, including the wicks of the candle must be within the high and low of the previous candlestick.
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Is the Inside Bar Bullish or Bearish?

The inside bar is an indecision candlestick pattern.
The inside bar is formed because price was not able to break either the high or the
low of the previous session. .
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A trend continuation pattern

1. If an inside bar forms in a strong trend, for example a trend higher, then it could be signalling a quick pause before price continues on with the trend.

2. It simply means some Volatilty contraction and hence price moving in small range .
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Because there is a strong trend, the inside bar represents a pause in the price action
When looking to enter with the inside bar breakout you are looking to enter when the signal confirms itself. This happens when price breaks the IB high or
low in the direction of the trend.
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A reversal pattern

If an inside bar forms at a swing point and major support or resistance area, then it
can mean a change of trend and can be confirmed after a the low of Mother candle is broken
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Where to trade and what time frame ?

Reversal Work best on inside bar on daily time frame and breakouts on weekly time frame (My observation)
Its important not to trade each and every IB as this could lead to poor trades.
Always better to have other confirmations of your own
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Time Frames to check
You can find this on all time frames from monthly to 1 minute chart .
The higher the time frame the better.
PowerOfstocks Sir Famously trades Banknifty on 15 min with inside bar.
You should practise minimum 100 trades on same time frame to checl results
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Confirmations and Caution
Some people believe that the high low of mother candle should be broken and some will tell the high low of baby candle . Try both the styles and do what works the best for you.
Daily Inside bar screener :
https://t.co/PA46s6w0zw
Telegram Channel
https://t.co/z988TyQcKm

@AdityaTodmal @kuttrapali26 @AmitabhJha3

More from JayneshKasliwal

𝟱 𝗧𝗿𝗮𝗱𝗶𝗻𝗴𝘃𝗶𝗲𝘄 𝗜𝗻𝗱𝗶𝗰𝗮𝘁𝗼𝗿𝘀 𝗮𝗹𝗹 𝗧𝗿𝗮𝗱𝗲𝗿𝘀 𝘀𝗵𝗼𝘂𝗹𝗱 𝗸𝗻𝗼𝘄 𝗮𝗯𝗼𝘂𝘁:
𝗣𝗮𝗿𝘁 𝟮

🧵 Thread 🧵
Retweet And I will Link a 36 Page PDF

𝟭. 𝗔𝗱𝗱 𝗙𝘂𝗻𝗱𝗮𝗺𝗲𝗻𝘁𝗮𝗹𝘀 𝗼𝗻 𝗰𝗵𝗮𝗿𝘁
🔸 Link:
https://t.co/zG165Xa3JB
🔸 Click on the above link -> Add to Favourites -> Add on Chart from favourites and start using it !
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You can add financials from many fundamental criteria's like
🔸 Cashflows
🔸 Income Statements
🔸 Balance sheets
🔸 PE,PB ratios
🔸 Marketcapitlization
🔸 Statistics
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How to change Settings:
🔸 There are 8 columns you can basically select any financial you want
🔸 You can select quarterly or Yearly values and can also write
🔸 The names of the financiaLS Example : EPS Qtr3
🔸 You can Change colours , font size
4/20


𝟮. 𝗜𝗻𝗱𝗶𝗰𝗮𝘁𝗼𝗿 𝗥𝗮𝘁𝗶𝗻𝗴𝘀
You cannot track each and every indicator like ( 𝗠𝗼𝘃𝗶𝗻𝗴 𝗔𝘃𝗴𝘀 , 𝗥𝗦𝗜 , 𝗠𝗔𝗖𝗗 ) etc , you can use plot this custom strategy to understand whether the trend is positive or negative of those indicators
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6 . If in 15 min chart📊 any stock sustaing near BO zone or after BO then select it on your watchlist

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This looks very easy & simple but,

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I did 4x my capital by trading in only momentum stocks.

I will keep sharing such learning thread 🧵 for you 🙏💞🙏

Keep learning / keep sharing 🙏
@AdityaTodmal