Inside bar in an uptrend
A contracted range sitting inside yesterday's, with the 50-day average above the 200-day, so the pause is happening inside a trend that can turn it into a spring.
An inside bar is a one-session volatility squeeze, with the entire range fitting inside the previous session's. Within an established uptrend it usually reads as a pause and not a top. It also gives you an unusually well-defined level to trade against. Read the guide: A swing trading screener for India →
More patterns:Bullish engulfing at supportBearish engulfing near the highsHammer while oversoldShooting star after a runMorning star
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