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→Do not sell the close of sell climax LATE IN BEAR TREND
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[[File:SX.png|none|thumb|599x599px|Sell climax that needs 2 attempts to reverse up is a H2 bottom, if the bottoms are at about the same level and about 10 or more bars apart, call it a Double Bottom.]] | [[File:SX.png|none|thumb|599x599px|Sell climax that needs 2 attempts to reverse up is a H2 bottom, if the bottoms are at about the same level and about 10 or more bars apart, call it a Double Bottom.]] | ||
== Do not sell the close of sell climax LATE IN BEAR TREND == | == Do not sell the close of sell climax LATE (>20 bars) IN BEAR TREND == | ||
When 2 biggest bars late in bear trend (>20 bars), exhaustion gap more likely. At the close of 2 big bear bars, 50% chance the selloff has ended(''which means the probability is not high enough for a scalp''), 50% chance of one more small leg down. Only 20% chance of MG because of the extreme selling. | When 2 biggest bars late in bear trend (>20 bars), exhaustion gap more likely. At the close of 2 big bear bars, 50% chance the selloff has ended(''which means the probability is not high enough for a scalp''), 50% chance of one more small leg down. Only 20% chance of MG because of the extreme selling. | ||
[[File:Screenshot 2022-12-07 at 01.38.30.png|none|thumb|600x600px]] | [[File:Screenshot 2022-12-07 at 01.38.30.png|none|thumb|600x600px]] | ||
[[Category:Reversals]] | [[Category:Reversals]] | ||