分类:EPBD
Endless Pullback in a bull trend is a tight bear channel that becomes a Small Pullback Bear Trend, which never looks very bearish but can continue for hours. If there are consecutive big bear bars, there is often a measured move down.
When a EPBD 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 BRBO below BLF, there is a 60% chance it is the start of a bear trend, example: 20230323, 20200619, 20230426 34-50.