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'''Big Gap Up''', '''''should be looked as a big [[BLBCH]], i.e. a strong bull BO. If yesterday ended with a big selloff and today has a BGU, the BGU needs to be looked as a [[BBLRVB]].''''' '''In general, when there is BGU, odds favor bulls'''<ref>https://www.brookstradingcourse.com/trade-price-action/video-48f-trading-the-open/ slide 3.</ref>'''.''' The bulls want a double bottom or wedge bottom on a pullback to near the EMA, The bears want a double top or wedge top for an early high of the day. | '''Big Gap Up''', '''''should be looked as a big [[BLBCH]], i.e. a strong bull BO. If yesterday ended with a big selloff and today has a BGU, the BGU needs to be looked as a [[BBLRVB]].''''' '''In general, when there is BGU, odds favor bulls (but not much, only a little bit)'''<ref>https://www.brookstradingcourse.com/trade-price-action/video-48f-trading-the-open/ slide 3.</ref>'''.''' The bulls want a double bottom or wedge bottom on a pullback to near the EMA, The bears want a double top or wedge top for an early high of the day. | ||
* 85% chance of PB in '''first 2 hours'''. | * 85% chance of PB in '''first 2 hours'''. |