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* 60% chance of swing up in 1st hour. | * 60% chance of swing up in 1st hour. | ||
* if instead it is going down, often pulls back 50% in wedge bear channel. | * if instead it is going down, often pulls back 50% in wedge bear channel. | ||
Worth to mention, '''if the gap UP is overly big''', i.e. a '''huge''' gap, it increases chance of TRO that lasts a couple hours since it might take that long to get near MA. | ''Worth to mention, '''if the gap UP is overly big''', i.e. a '''huge''' gap, it increases chance of TRO that lasts a couple hours since it might take that long to get near MA. Generally, a big gap is a gap that is '''around the half of the daily range''', a huge gap is a gap that is '''bigger''' '''than the daily range'''.'' | ||
'''However, though the odds favor bulls after BGU when there is a big gap up, traders should expect following:''' | '''However, though the odds favor bulls after BGU when there is a big gap up, traders should expect following:''' | ||