Category:BLTFO

Bull trend from the open. 60% of BLTFO evolve into TR^[1], especially when most bars in the bull leg has LOPT, for e.g. 20230320. Only 10% of BLTFO days has the trend last from the open to the close^[2]. Also not that BLTFO doesn't mean it has to be SPBLT, it can be a BLCH^[3], but the single most important commonality is that they are both very respectful to EMA, because whether BLTFO or SPBLT, they are all bull trend. See also BRTFO.