Category:WB BRBO

BRBO below WB, so failed WB. Expect 2 legs down or MMD, short when strong BRBO bar and strong FT bar (at least a doji).

When trading this, the bear breakout bar has to be big enough for higher probability of successful breakout and MM down, preferably 2+ consecutive BRBCOL in good size, or 1 big BRBCOL with acceptable FT. This is typical behavior in SPBRT. See also WT BLBO.