Category:BOT

Breakout Test, which is a pullback testing the breakout point, and traders are deciding if the breakout will succeed or fail.

BOT bar(s) need to be strong[编辑 | 编辑源代码]

BOT with gap is strength[编辑 | 编辑源代码]

If the pullback failed to reach the BO point and reversed strongly (see bar 14 and 35 on 20231023 below for bull case example), especially reversed from MSR, the result is a gap and more likely the BO is successful.

20231023

BOT at MA is strength[编辑 | 编辑源代码]

"When a BOT happens to have its low exactly(or not too far) at the EMA, its a very good sign to add on a bit more if the bar is not too large"^[1], e.g. 20110105 b19.