Wide Range Bar with High Volume โ Institutional Footprint ๐ผ๐
๐ A Wide Range Bar (WRB) with high volume often signals institutional participation โ especially when price closes near the candleโs high or low.
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Formation:
Candle body is significantly larger than recent candles.
Volume is 2ร or more than the average.
Strong close near high (bullish) or low (bearish).
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Meaning: Smart money aggressively entering or exiting positions.
๐ Example: Stock breaks โน820 resistance with a long bullish candle and volume 2.5ร average โ Wide Range Bar โ Institutional buying confirmed.
๐ง Tip: After WRB, price usually consolidates; breakout from that range gives next directional move.
RIIL
#WatchOutFor
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