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BUOB B
BUOB: Bullish
lli h outside
t id bbar - this
thi iis a b
bar
where the high is higher than the
previous bars high
p g and lower than the BEOB: Bearish outside bar - this is a ba ar
previous
i bars
b l
low
low. Preferably
P f bl th
the close
l where
h th low
the l i lower
is l th
than the
th
will be in the top p third to q
quarter of previous bars low and higher than the e
the bar.
bar The higher the better.
better previous bars high.
p high
g Preferably y the close
will be iin th
ill b the b
bottom
tt third
thi d tto quarter
t off IB: Inside bars - this bar is the opposite
pp of the outside bar.
bar the high
g and
the bar.
bar The lower the better.
better l
low are iinside
id th
the previous
i b
bar
bar. th
there is
i no b bullish
lli h or b
bearish
ihddescription
i ti
to these bars.
bars theyy represent
p indecision in the marketplace.
marketplace
p they
y can
signal a trend reversal or a continuation of a current trend. trend you tend to
see ththem whenh a market
k t iis ranging.
ranging
i
Daily
DBHLC: bearish this is a double bar high witth a 4H l
4 Hourly