Category:BLTP-MA-CC
Consecutive (i.e. many) BLTP-MA. This usually means bulls keep trying to control the market, so even market is going down, it is relentless buying pressure. Since it is easy for limit order bulls to make money buying prior low all the way down, it is reasonable to expect a reversal up. There is 60% chance of reversal up for at least 1-2 hours[1].