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Technical Analysis :: B

Module by: bourse novice

Bar (Up Bar, Down Bar, Inside Bar, Outside Bar)

An Up Bar is a bar with a Higher High (HH) and a Higher Low (HL) than the previous bar. Next see Up trend.

A Down Bar is a bar with a Lower High (LH) and Lower Low (LL) than the previous bar. Next see Down trend.

An inside bar has a narrower range relatively to the previous bar's range: its High is lower (LH: Lower High) than the previous bar's High and its Low is higher (HL: Higher Low) than the previous bar's Low.

An outside bar has a greater range relatively to the previous bar's range: its High is higher (HH: higher High) than the previous bar's High and its Low is lower (LL: Lower Low) than the previous bar's Low.

Part of Action (Price or Market Action)

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