分类:H1

One legged pullback in a bull leg^[1] so bull flag. Usually Always In Long, but can be in strong minor reversal up in bear trend^[2]. Practically, a trader should only take H1 when he is confident the BREAKOUT (with trend or reversal) is strong. Also when we are evaluating market strength, we often look at GPS. See also L1.

Failed H1 trap (or failed "failed H1")[编辑 | 编辑源代码]

Using L1 as an example, on 20230802, 12 was a L1 with good SB, 13 was a good BLBCH trying to fail the L1 or trap the bears, but notice 13 was not able to go above 12H, so it was not able to run the stop of bears who sold below 12 for L1, in addition to that, 14 was a strong BRBCL, that is a confirmation to 12 the L1, and at the same time it failed the "L1 trap" 13. Also the GPS is good as of 14, if traders did not sell 12, they can sell 14.