Category:MBLCH-L20

MBLCH late (after 20 bars) in a bull trend. A type of late BLBO (BLBO-L20). MBLCH itself already is a climax, if it takes place in a bull trend that has lasted more than 20 bars, it more likely will become a climax than a successful breakout. The nature of this PA is similar to FF, it is better look for reversal setup instead of trend resumption. See also MBRCH-L20.

• On higher time frame, often biggest bear bar in 10 - 20 bars^[1]

Look to sell when:[编辑 | 编辑源代码]

• the MBLCH-L20 itself is very strong, consecutive strong BLBs, no dojis or bear bars, which indicating more climactic buying
• the bear reversal bar is very strong, better a MBRS

20240126: MBLCH 11-18 was a late BLBO in the bull trend started from Y 20240125.

Course 17B: Strong breakout late in trend (after 20 bars), more likely to be EG.