Dead Cat Bounce, Live Cat Spring (UpsideDown DCB, lol) https://elitetrader.com/et/threads/...st-right-here-baby.335635/page-8#post-4987957 Big Bar acting as a Gap https://www.forexfactory.com/attachment.php/3824072?attachmentid=3824072&d=1609396531
Yeah, you got 40 acres goin' on there. In other news, might be worth it to check how on the way back up, price reacted to those Big Bar Zones. So many charts, so little time, lol. If somebody gets there before me, post that stuff right here baby.
Inside Bar Trading Strategy https://elitetrader.com/et/threads/...t-right-here-baby.335635/page-19#post-5323624
The usual suspects: The Hammer Family at S&R and Engulfings at S&R. Always glad for another floor or ceiling, lol. These Big Bar "Gaps" might be good places to work the DCB routine for typical Support & Resistance Trading, The usual suspects at S&R. Dead Cat Bounce, Live Cat Spring (UpsideDown DCB, lol) https://elitetrader.com/et/threads/...st-right-here-baby.335635/page-8#post-4987957
Indeed, Some might think the DCB is a reversal pattern like CATching a Falling Knife, but noooooo, DCB is a Continuation Pattern, to the DownSide. He Dead! Sell at the Apex of the Bounce. Often that Apex Coincides with a Ceiling Zone, Resistance which offers the opportunity to place a Nearby Stop Zone, which means you can reduce the Stop Gap from which you calculate your position sizing eg. 2% total account value, Compounding groWTH. Rinse Repeat Double Top and Bottom https://elitetrader.com/et/threads/...t-right-here-baby.335635/page-18#post-5309309 Inside Bar Trading Strategy https://elitetrader.com/et/threads/...t-right-here-baby.335635/page-19#post-5323624 One sees DCB plays below All of the purple ranges on this chart. Wonder how the purple ranges worked price on the way back up? Worth a look. So many charts, so little time. https://elitetrader.com/et/threads/...ange-bar-analysis.354496/page-21#post-5319519