✍As the name suggest bullish inside candle forms inside the range of first candle which is bearish in nature.
✍The inside candle also called as HARAMI CANDLE(Japanese language). This is an trend reversal candle which indicates there should be trend before the candle to reverse it.
✍The Inside candle forms at the bottom of the stocks/securities. The bullish candle forms after the inside candle is a confirmation of the trend reversal.
✍The stop loss has to be taken on the low of first candle. The reliability or success rate of inside candle is less as compared to other forms.
✍The target for this should be set on the price movement basis of support or resistance or any trend reversal candle at the top.
✍The trade has to take only with confirmation only and strictly stop loss has to be follow. Candle can be used on any time frame but the reliability is higher in larger time frame such as daily, weekly and monthly.
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