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NR
NR is Narrow Range
If a price bar's Range is less than the previous bar's range it is said to
have an NR. The opposite of NR is WS. NR is technically NR2 when
compared to NR4, NR5, and NR7
NR4
NR5
NR7
WS
WS is Wide Spread
If a price bar's Range is wider than the previous bar's range it is said to
have a WS. The opposite of WS is NR. WS is technically WS2 when
compared to WS4, WS5, and WS7.
WS4
WS5
WS7
ID
ID is an Inside Day.
If the high of the current day is lower than the high of the previous day
AND the low of the current day is higher than the low of the previous
day then we have an ID or Inside Day.
Although we talk in terms of Days with ID you can just as easily use
this term and price pattern to refer to bars or candles from any time
frame chart.
The opposite to an ID is an OD.
OD
OD is an Outside Day.
If the high of the current day is higher than the high of the previous
day AND the low of the current day is lower than the low of the
previous day then we have an OD or Outside Day.
A Day can be viewed as any bar on a bar chart of candle chart.
The opposite to an OD is and ID.
IDnr4
2BNR
3BNR
4BNR
8BNR
BearHook
A Bear Hook occurs when you have an NR with the Open less than the
previous bar's Low AND the Close greater than the previous bar's
Close.
BullHook
A Bull Hook occurs when you have an NR with the Open greater than
the previous bar's High AND the Close less than the previous bar's
Close.
This is a Toby Crabel price pattern.
Stretch
ORB
ORBP