Category:MBRS-F

Failed MBRS. If the MBRS happened in a market that has been in TR for a long time and take out prior extremes, and then it failed by a strong reversal in opposite direction, it seems^[1] more likely the reversal will lead to more TRPA, for e.g. 20230508. However, if the MBRS failed in a trend, it seems more likely the reversal will try to go for at least a MM of the failed MBRS, for e.g. 20101231.