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'''Big Gap Up''', '''should be looked as a big [[BLBCH]]''' | '''Big Gap Up''', '''should be looked as a big [[BLBCH]], i.e. a strong bull BO.''' | ||
80% chance of at least one reversal in the first hour. The bulls want a double bottom or wedge bottom on a pullback to near the EMA. The bears want a double top or wedge top for an early high of the day. When there is Big gap up, odds favor bulls: | |||
* 85% chance of PB in '''first 2 hours'''. | * 85% chance of PB in '''first 2 hours'''. |