Other signals are often clear to me but inside bar breakouts really confuse me.
What's the minimum difference in low/high from bar 1 and the inside bar? Should it be atleast 1 pip? Is a bigger difference better? Does the size of shadow/body matter for either bar? Is it only a breakout when the 3rd bar breaks the 1st bar? And what exactly does it mean? I know a pinbar means many big traders were satisfied with the price and started picking up orders which caused the price to reverse, leaving all the traders who had opposite positions stuck in their trades and forced to liquidate them driving the price that way even more. What's an IB breakout bars story?
What's the minimum difference in low/high from bar 1 and the inside bar? Should it be atleast 1 pip? Is a bigger difference better? Does the size of shadow/body matter for either bar? Is it only a breakout when the 3rd bar breaks the 1st bar? And what exactly does it mean? I know a pinbar means many big traders were satisfied with the price and started picking up orders which caused the price to reverse, leaving all the traders who had opposite positions stuck in their trades and forced to liquidate them driving the price that way even more. What's an IB breakout bars story?