Category:BLRVB-XL

A huge bull reversal bar (BLRB), or very strong bull reversal bar. An extra large bull reversal bar, or a very large bull reversal bar. Buying a huge bull reversal bar when TR is more likely is usually not a good idea, because in TR traders BLSH, a huge bull reversal bar in a trading range day tends to attract more bears to sell rather than more bulls to buy, vice versa, a huge bear reversal bar in a trading range day tends to attract more bulls to buy. Bar 9 on 20230522 is a bull example, you can see there were not a lot of buyers above 9.