Understand Bar Chart - Revisit the basic

Classical OHLC Bar contain; High, Open, Close & Low.

Next question is how to identify the direction of BAR trend?
















We identify trend in accordance to Dow Theory.
An Up Trend is a Series of bars with Higher Highs and Higher Lows.
A Down Trend is a Series of bars with Lower Highs and Lower Lows.

Next question is When does a Trend Start and End?















An Up - Trend Started by a Bar with a Higher High and Lower Low than the previous Bar.
Conversely, a Down Trend is started by A Bar with A Lower High and Lower Low than the previous Bar.

Then next question, When is a TREND UNCERTAIN?















The trend is Not Clear if we see sign of Uncertainty among Buyers and Sellers.
Inside Days.. Outside Days & Borderline Days are sign of Uncertainty in TREND.

Inside Day = Lower High and Higher Low when compared to preceding BAR.
Outside Day = Have both a Higher High and a Lower Low than the previous BAR.
Borderlines day = Are similar to Inside Day and Outside Day; except that there is an equal High or Low.