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'''Big Gap Up''', '''should be looked as a big [[BLBCH]], i.e. a strong bull BO.''' | '''Big Gap Up''', '''''should be looked as a big [[BLBCH]], i.e. a strong bull BO. If yesterday ended with a big selloff and today has a BGU, the BGU needs to be looked as a [[BBLRVB]].''''' | ||
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: | 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: |