Category:SX

Sell Climax, one or more big bear bars closing near their lows. Sell climax that needs 2 attempts to reverse up is a H2 bottom, if the bottoms are at about the same level and about 10 or more bars apart, call it a Double Bottom.

Do not sell the close of sell climax LATE (>20 bars) IN BEAR TREND[编辑 | 编辑源代码]

When 2 biggest bars late in bear trend (>20 bars), exhaustion gap more likely. At the close of 2 big bear bars, 50% chance the selloff has ended(which means the probability is not high enough for a scalp), 50% chance of one more small leg down. Only 20% chance of MG because of the extreme selling.