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'''Big Gap Down,''' '''should be looked as a big [[BRBCL]], i.e. a strong | '''Big Gap Down,''' '''should be looked as a big [[BRBCL]], i.e. a strong bear BO.''' | ||
80% chance of at least one reversal in the first hour. The bears want a double top or wedge top on a pullback to near the EMA. The bulls want a double bottom or wedge bottom for an early low of the day. When there is Big gap down, odds favor bears: | 80% chance of at least one reversal in the first hour. The bears want a double top or wedge top on a pullback to near the EMA. The bulls want a double bottom or wedge bottom for an early low of the day. When there is Big gap down, odds favor bears: | ||