Bullish outside bar
A range that swallowed yesterday's entirely and resolved upward.
An outside bar trades below yesterday's low and above yesterday's high in the same session — both sides' stops were run, both arguments were tested. The close is the verdict. Closing green after printing a lower low means the morning's breakdown found buyers rather than followers, and whoever sold that low is now the fuel above.
More patterns:Bullish engulfing at supportBearish engulfing near the highsHammer while oversoldShooting star after a runMorning star
Match all of
candlestick