DislikedThe same with the Nzd/ Chf. They may look like an IPB, but they are Inside Bars by any definition. Many IBs look like a PB, IPB or a doji or whatever.
A structurely sound IPB needs to have a long nose like a PB but the head needs to have its wick stick out a bit above/below the previous bar. Preferably sticking into a strong confluenced area or strong PPZ level, of course.
Here are more chart examples to study for all you IPB fans, like myself.
(Note : The Daily Usd/Chf was not structurally correct because the Bearish IPB's Close was...Ignored
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"The more I practice, the luckier I get." (Gary Player)
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i pull the trigger when others are fearful---me
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"The more I practice, the luckier I get." (Gary Player)
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Bundy's status today: "Waiting..."
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I believe . . .
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I believe . . .
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Market is like a puzzle, YOU have to fit the pieces!!
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Indicators show the past. Price Action "Indicates" the future.
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