Category:3CCBLBA

3 or more consecutive bull bars accelerating up. All 3 bars closed above their middle point, and size of each bar is equal or bigger than previous bar, even with tails.

• more likely a trap if context is TR and the patter is around the top 1/3 of the TR instead of a strong BO above the TR, e.g. 20230308
• more likely a MG if ..., e.g. 20230310 16-18
• if this happens right after 3CCBRBA, it is a sign that a SVT to an important SR is happening, and the 3CCBLBA is a reliable buy for reversal up. Vice versa, if a 3CCBRBA happens right after a 3CCBLBA, it is a sign of a SVT to an important SR, and the 3CCBRBA is a reliable sell for reversal down, for e.g. bar 23-28 is a SVT to low of last week on 20230310.