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    Words list:

  • Bar (Up Bar, Down Bar, Inside Bar, Outside Bar)

Bar (up bar, down bar, inside bar, outside bar)

An Up Bar is a bar with a Higher High (HH) and a Higher Low (HL) than the previous bar. Next see Up trend .

A Down Bar is a bar with a Lower High (LH) and Lower Low (LL) than the previous bar. Next see Down trend .

An inside bar has a narrower range relatively to the previous bar's range: its High is lower (LH: Lower High) than the previous bar's High and its Low is higher (HL: Higher Low) than the previous bar's Low.

An outside bar has a greater range relatively to the previous bar's range: its High is higher (HH: higher High) than the previous bar's High and its Low is lower (LL: Lower Low) than the previous bar's Low.

Part of Action (Price or Market Action)

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Source:  OpenStax, Technical analysis dictionary. OpenStax CNX. Jul 28, 2004 Download for free at http://cnx.org/content/col10235/1.4
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