Sunday, 3 January 2021

BEARISH INSIDE CANDLE


 ✍The bearish inside candle forms at the top of the uptrend in stocks/securities. 

✍The inside candle forms after the bullish candle is an indication of inside candle. The opening and closing of should be in the range of first candle. 

✍The formation of third bearish candle is confirmation of starting of downtrend or correction. 

✍The trade has to be taken once the confirmation takes place and the stop loss has to put at high of first candle.

✍The reliability or success rate of the inside candle is less as compared to other candles forms.

✍The trade has be taken once the confirmation happens and the stop loss has to follow strictly.



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