The body of the candle closes inside of the previous body candle but wicks below
- Weaker of the two
3/14
▫️ Inside body & inside wicks
Both, the body & the wick of the candle close inside of the previous candle between the High & Low
- Stronger of the two
4/14
▪️ Why is it so powerful?
Inside Bar is nothing much different than a compression range on a higher timeframe.
If you zoom in you gonna see a nice long consolidation taking place
The inside bar helps us to establish where the range is broken.
5/14
And just like with any consolidation, when it finally breaks, expansion is next, usually followed by a violent break
The inside bar can help us see when the range is coming to the end and a new trend is about to get established early on.
6/14
▪️ How to use it?
The best application is when you align it with strong support, then try to spot the inside bar.
Once it's established you can either 1) Aggressive - Put a buy once Inside Bars forms 2) Conservative - Buy on a confirmed break out of the Inside Bar High
7/14
The other way is in an already established trend.
Price runs big but needs to pause for a few days or weeks to then continue its run.
We call this "Re-accumulation"
A great place to buy or add to your already existing position
8/14
A nice example of a short/sell of an Inside Bar
1) Price broke an old significant high and started to consolidate below. 2) Formed an Inside Bar 3) Broke down significantly afterwards
9/14
▪️ Fakeouts?
Sometimes, when we spot the Inside Bar we can see price breaks on the opposite side which many could see as a bearish break but i's important to remember we are at HTF support
This is where we must wait for the candle to close to indicate the true intentions
10/14
In this case, we can clearly see the move below was a clear manipulation and the candle proceeded to break the Inside Bar High later on in the week.
Establishing a new strong uptrend.
11/14
Currently, we are seeing the same thing happening in the #Bitcoin price & only time will tell if this is about to happen again.
Either way, it adds up to the probabilities
12/14
▪️ Which Timeframe to use?
The best timeframes for Inside Bars are:
1) Monthly 2) Weekly 3) Daily
13/14
In the end, I would like to add that as with everything this is not a holy grail but another great real-time tool to use to spot the future markets moves and add to your probabilities
If you have found this thread valuable please like & share it with your friends.
14/14
• • •
Missing some Tweet in this thread? You can try to
force a refresh
It made sense to stay 🐂 on #Bitcoin as long as the trend & range were holding & equities were going up but now it has lost its MS after 130 days of 🦀 PA & we need to adapt
I'll break down all the facts you need for all scenarios in understandable language below 👇
1/18 🧵
When it comes to bullish/bearish posts it always comes down to TimeFrames. You can have a trader that is bullish on H1 screaming at a bearish trader on D1 while the Weekly trader is bullish again
It makes no sense & we need to analyze each one differently to understand the TF 👇
The macro view, which is like a Monthly to somewhat Weekly, remains bullish, while Weekly down to Daily is now bearish
The M1/W1 TF remains bullish as long as the 39K low is holding but locally we can be bear-bleeding for some time as the 130 days long #BTC range was lost
You don't wanna miss this #Bitcoin alpha thread 🧵👀
#BTC around 50K is still within a strong value area
Lots of people sidelined, waiting for a bigger correction will miss out
Data from Financial Advisors across the US are suggesting big future upside
1/20
Read below👇
First of all, I did expect we would get the upside we got from the 40-45K range, but after, I thought we would get a deeper pullback at some point to like 32K or so
I do not think that anymore
Below is the original thread worth your time to read through
No emotional bias, just truth bombs full of data & mainly my own context ✅
Both bullish & bearish arguments - HTF to LTF
Hit like & Bookmark to keep this plan in the back of your mind
Let's get to it 👇
1/25
We start HTF, scale in & create the valuable context 👇
So my thesis has been & is still the same throughout the whole of 2023, that we move above the so important psychological level of March 22 high, sitting at 48K, distribute above & pullback
🧵 Big thread on INTEREST RATES around the Western economies & their future projections & implications on the markets
Everyone's focus is on the FED funds rate but by understanding all of them we get a much clearer picture of where the FED is heading 💡
Let's dive in 👇
1/22
As you can see from the picture, central banks in Western economies tend to move the interest rates on average in a similar trend
We could even call it a consensus
However, some are frontrunners & some laggards and by comparing them all, we can get a general idea of the trend
Each economy has its own factors & issues that come to play in each country of course, which is the reason why we see some deviations here & there on a lower quarterly or yearly scale. But the general trend stays
So why is it that they all move together on average? 👇