Category:BXFO BRRV
BXFO, then BRRV. See also BXFO TR.
After a gap up, especially BGU, if market has a BLTFO, there are 3 possibilities for today. 60% of the time, becomes TR, when it does, 20% chance of late trend reversal down or trend resumption up. 20% of the time, bull trend from the open lasts all day, usually a SPBLT. 20% of the time, bull trend from the open reverses into bear trend[1].