Category:GD BXFO TR BLT
BGD BXFO TR, then bull trend resumption. On 20230814, bears failed many times to BO down from a cluster of MSR: EMA, HOY, L of W-2 which is the big BRBCL on weekly chart, as well as hourly EMA, bulls then had a successful BO in the last half hour.
After a gap down, especially a big gap down, if market has strong buying last many bars, forming a buy climax, there are 3 possibilities for today. 60% of the time, becomes TR, when it does, 20% chance of late trend reversal down or trend resumption up.[1]