STAROFMARKET ADVICE with MAYANK (SEBI RA) · 19th Mar 2025
IDFC FIRST BANK
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Inside bar candlestick pattern formation near the important trendline support ***** Inside Bar candlestick pattern is a two-bar pattern that signals potential market consolidation and breakout opportunities. It consists of:
Mother Candle: A larger candle that fully encompasses the range of the next candle.
Inside Bar: A smaller candle that is entirely within the high and low of the previous candle (mother candle).
Key Characteristics:
The inside bar shows market consolidation, meaning the price is taking a pause before a potential breakout.
A breakout from the inside bar can happen in either direction (bullish or bearish).
It is often found after strong trending moves and can indicate continuation or reversal depending on the market context.