Category:BLBCOH-X2-O
Strong BLBCOH at bar 1 and bar 2 on the open.
After GD[编辑 | 编辑源代码]
Gap down, then 2 strong consecutive bull bars close near their high. B1 has only 20% chance of being either H or L of day, however if big bull bar after gap down, then 30% chance of L of day; If big bear bar after gap up, then 30% chance of H of day. If there are 2 strong CCBLBCH, the chance of LOD is probably around 40%.
In general, at open of the day, when context is right ⚠️, traders see two big bull bars closing on their highs without much overlap, they can conclude that market is AIL and expect some kind of MM, for example the MM based on the body of the two strong trend bars. Vice versa in bear case (see example below).
