#INFOSYS inside candle bar #infosys
#INFOSYS
inside candle bar
above 1398 buy
below 1368 sell
An Inside Bar develops during a strong downtrend when the trading range is completely within the high and low of the previous bar. This suggests the pressure between buyers and sellers is becoming more evenly balanced. Bears might be weakening in power while bulls might be increasing in power.
The classic entry for an inside bar signal is to place a buy stop or sell stop at the high or low of the mother bar, and then when price breakouts above or below the mother bar, your entry order is filled.
