Category:EPB
Endless Pullback. EPB means MRV grew into MTR without clear MTR pattern (for e.g. HLMTR). EPB also means the MRV is probably evolving into a small pullback trend (SPBRT or SPBLT) in opposite direction of the initial trend.
When a EPBD lasts more than 10 - 20 bars after a rally, watch for BRBO and accelerating down into bear trend reversal. At first the EPB looks like a BLF, but if there are consecutive big bear bars below EMA, it is then a BRBO below BLF, there is a 60% chance it is the start of a bear trend, example: 20230323, 20200619, 20230426 34-50.
The pullback from 26 on 20230502 is an example of EPB after strong selloff.