Category:EPB

Endless Pullback. EPB means MRV grew into MTR without clear MTR pattern (for e.g. HLMTR), EPB from a bull trend also means the MRV is probably evolving into SPBRT. When the EPB lasts more than 10 - 20 bars after a rally, watch for BRBO and accelerating down into bear trend reversal. At first the EPB looks like a BLF, but if there are consecutive big bear bars below EMA, it is then a bear breakout below BLF, there is a 60% chance it is start of a bear trend.