22. Example: Always in Short, then Long
Last updated
Last updated
Context is bear trend
Always in short, but evolving into Wedge Bottom.
Head & Shoulder Bottom
Bulls are starting to making money in a Bear trend, it means the trend is in the process of evolving into a Trading Range.
Once it's in a Trading Range, traders start to look for reversals.
After 3 or 4 bullish bars (more breakouts and/or continuous follow through bars), the trend is more obvious, more bulls are coming in.