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Bearish Inside bar on BankNifty weekly

Bearish Inside Bar is a two-candlestick pattern where the current red candle range is within the previous green candle's range.

Universe

BankNifty Weekly

Time Frame

1 Day

Conditions

High(0) - Low(0) down by 25% from High(1) - Low(1) and Abs( Multitime frame(day, Open(0) ) - Multitime frame(day, Close(0) ) ) lower than Abs( Multitime frame(day, Open(1) ) - Multitime frame(day, Close(1) ) ) and High(0) lower than High(1) and Low(0) higher than Low(1) and Open(0) lower than Close(1) and Close(0) higher than Open(1) and Open(1) lower than Close(1) and Open(0) higher than Close(0)

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