NexusFi: Find Your Edge

Home Menu


Outside Bar

An outside day/period/bar is a two-bar pattern consisting of an open and a close that create a range that's above and below the prior day's/period/bar open/close range, and a higher high AND a lower low on the second day/period/bar compared to the first bar. True outside days/period/bar also require intraday movement from the open to the close of the two days/periods/bars that is pointed in opposite directions (meaning one bar consists of a close above the open, and the other bar consists of a close below the open).


See also: Inside Bar
Attached Thumbnails
Click image for larger version

Name:	outside-day-bearish.png
Views:	821
Size:	21.9 KB
ID:	205933  

© 2023 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top