Inside Day Narrow Range 4 IDnr4

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Definition of 'Inside Day Narrow Range 4 IDnr4'

IDnr4 is an Inside Day (ID) with a Narrow Range 4 (NR4).

An IDnr4 is a combination of an ID and an NR4. This happens when the current day's high is lower than the previous day's high AND the current day's low is higher than the previous day's low AND the range is the narrowest when compared to the previous 3 trading days.

This is a Toby Crabel price pattern.

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