Inside Bar Down

Inside Bar Down

An Inside Bar Down occurs when the high of bar 2 is lower than the high of bar 3, the low of bar 2 is higher than the low of bar 3, and the low of bar 1 is lower than the low of bar 3 by the percent that you enter.


Reference: Hill, John R. Stock & Commodity Market Trend Trading by Advanced Technical Analysis. Hendersonville, North Carolina: Commodity Research Institute, Ltd., 1977.