「Category:PWT-O」：修訂間差異

''Parabolic wedge top from the open, a type of BXFO, look for ORVD.'' '''Typically''' in a PWT opening reversal, if it is to reverse successfully, it usually goes down in a '''fairly tight channel for 5 - 10 bars ⚠️''' <ref>49A, slide 11</ref>, if instead it goes '''5 or 6 bars''' and '''sideways''' or '''bounces''' ("a little breakout"<ref>[[笔记:49A Swing Trading Examples]]</ref>, ''for e.g. 3 consecutive bull bars with reasonable size'', this little breakout will increase the chance of trend resumption up''')''', then it is probably '''NOT''' going to be a PWT followed by a strong bear trend (like the one below).[[文件:ES-49A-6.png|thumb|course ES-49A|700x700px|居中]]''Below is an example of '''failed''' PWTFO, notice that after the PWT, market went sideways instead of a '''tight bear channel for 5 - 10 bars''' like the chart above.'' '''This reduces the probability of a top, and increases the probability of a trend resumption up ⚠️'''.[[文件:ES-49A-11.png|thumb|course ES-49A|700x700px|居中]]A lot of times, when you get a parabolic wedge '''selloff''' after the buy climax (PWTFO) (''when this happens it is also a BDBU pattern at the same time'') and it get to LOD, you do get a '''big reversal up (''bounce'')''', market is deciding whether to go for a MM based on the height of the buy climax from the open, or instead either go sideways or bounce in a bull channel (BLCH).[[文件:ES-49A-7.png|thumb|course ES-49A|700x700px|居中]]