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Última vez visto el: Oct 11, 2024
Isn't there three climaxes downward, as indicated by the red arrows? Or is that a normal wedge? Is the following example a Parabolic Wedge?:
Big Bars: high probability or traps?
Also, bar 9 is a 50% Pullback which favors Trend Resumption & possible double bottom with Bar 2
8 outside 7 = o 7 outside 6 = o = oo pattern How is it ooo pattern? How can bears get trapped into selling a bar that never broke out of the...
15H slide 2 In this example there is no Rebound from the moving Average.
How is this a goodsell Setup? Bar 9 did not close below the triangle (red dashed line), likewise with Bar 10. Also Bar 10 is inside 9 and Bull. Both...
Regarding Bars 6,7,8: The abbreviations glossary did not have info on ooo, but it did have oo. Bar 6 is inside Bar 7. Bar 7 is inside Bar 8. H...
50% Pullbacks have a 60% chance of Trend Resumption.
Few follow up questions... Which 3 Bars make the wedge top? (1,2,5?) Are Bars #6,7,8 an expanding wedge? If so, is be better to wait for a close ...