Inside Bar daily market analysis. Expecting EU, EG, EA to coming down in the next few days.
what is Inside Bar? -Impulse bar with smaller bars trading inside the range of the impulse bar. Inside Bar rules: - First inside bar pull back must be 50% or less of the impulse bar - there must be minimum 2 inside bars, 3 or more is better -Impulse bar measure from wick to wick, -Inside bar measure from open to close, only the body of the inside bar need to be in the range, we don't count the wick for inside bar