Inside bar in an uptrend
A contracted range inside yesterday's, while the larger trend still points up.
An inside bar is a one-session volatility squeeze: the entire range fits within the previous session's. Inside an established uptrend it usually reads as a pause rather than a top, and it gives 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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candlestick