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14E slide21
Does the 20 Gap Bar Buy Setup work for the Opposite side also?
Example> 20+ Bars Under the moving Average: Sell first MAG Bar Above Moving Average, expecting a leg down.
15H slide 2
In this example there is no Rebound from the moving Average.
For a trend setup to appear you need the trend to be in play but here you had a parabolic wedge trend reversal followed by consecutive bull bars, so now the trend is up, not down anymore, and you shouldn't expect 20gap nor EMA gap sell setups. The MKT is going up.
