Beginner · Candlestick & chart patterns
NR4 Narrow Range
What it means
The latest session has the narrowest high-to-low range of the last four, showing volatility contracting into a decision point that may be followed by a wider move.
At a glance
- Directional bias
- Range compression
- Sessions to form
- 4 consecutive sessions
- Curriculum tier
- Beginner
- Pattern family
- narrow range
Practise this pattern in the Simulator
Reading a definition is not the same as spotting one. Run NR4 Narrow Range on real historical NSE daily bars in the Pattern Arena — the chart pauses and explains the formation each time it completes. Virtual capital only.
Practise NR4 Narrow Range in the SimulatorRelated patterns
NR7 Narrow Range
indecisionThe latest session has the narrowest high-to-low range of the last seven, a tighter squeeze than a four-session one and a sign the pending move may be larger.
Doji
indecisionPrice travelled through the session and closed right back where it opened, so neither buyers nor sellers won and the current trend has lost its conviction.
Hammer
bullishSellers forced price sharply lower and buyers bought all of it back before the close, rejecting the lower prices and hinting at a potential floor.
Bullish Engulfing
bullishBuyers have overwhelmed sellers, erasing the whole of the previous down session in one move and indicating a potential reversal upward.
Bearish Engulfing
bearishSellers have overwhelmed buyers, erasing the whole of the previous up session in one move and indicating a potential reversal downward.
Morning Star
bullishA strong down session is followed by a small-bodied pause and then a strong up session, showing selling pressure fading and buyers taking over at a potential bottom.
Educational reference only. This describes what traders conventionally read into the NR4 Narrow Range formation. It is not a trading signal, a prediction or investment advice, and no pattern is reliable on its own. Finance Onyx is a simulated educational platform: all practice uses virtual capital and no order is ever routed to a broker or an exchange.