The candlestick trading bible

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THE CANDLESTICK TRADING BIBLE 
As you can see, there are two types of this price action pattern: 
A bullish inside bar false breakout that forms when the market is 
trending down and it is also considered as a bullish reversal signal 
when it is formed near a key support or resistance level. 

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THE CANDLESTICK TRADING BIBLE 
A bearish inside bar false breakout that occurs in a bullish trend and it 
is seen as a bearish reversal pattern when it is found near an important 
level in the market. 
This setup can be considered as a continuation pattern if it is traded 
with the trend. 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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THE CANDLESTICK TRADING BIBLE 
Inside Bars false breakouts trading examples 
In my own experience, the most important levels that traders should 
look for to trade this signal are the following: 
-Support and resistance levels, and supply and demand areas 
-Fibonacci retracement levels, particularly, the 50% and 61% 
retracement levels. 
-21 moving averages and trend lines in trending markets 
-Horizontal levels in range-bound markets 
Here is an example of how to trade inside bar false breakout in a 
trending market: 
As you see in the chart above, the market was trending down, that 
indicates that sellers are in control of the market, so if you decide to 

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