Inside Bars and Inside Day Forex Chart Pattern
Video Synopsis – Trade the Inside Bar and Inside Day in Forex
We are looking at an inside bar breakout reversal setup in this video. This video shows a massive rejection of 1.4900 that occurred the previous week. Yesterday’s price action formed an inside bar inside the range of the previous periods’ mother candle. Friday’s bearish rejection of higher prices likely means any move lower will probably at least move into the 3-day lows.
Based on the massive rejection last Friday, the momentum does seem to have stalled and we will likely see some negative momentum. The inside bar setup can often work very nicely when occurring at major reversal / swing points like what we have seen in this video.
Click here for more information on this setup: Forex Trading - Trading Inside Days
About Nial Fuller
Nial Fuller is a Professional Trader, Investor & Author who is considered ‘The Authority’ on Price Action Trading. His blog is read by over 200,000+ followers and he has taught 25,000+ students since 2008. In 2016, Nial won the Million Dollar Trader Competition. Checkout Nial's Professional Trading Course here.
Starting to get the gist of inside bar setups
Your teaching is very good.
Very useful video. People should definitely be watching this. Are these older videos or newer videos than on the 1st page?
nice information