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30 Trader’s Equation and Probability
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Topic starter
17/10/2020 6:51 am
Which is Credible Reversal ?A or B， And Why say it "Credible" in this case?
17/10/2020 12:01 pm
For reversal A you need a wide stop because you can expect a second leg up after 4 bull bars, specially having a weak Signal Bar (ioi but bull bars) . Reversal B is a Wedge after the second leg up from A took place, and it has a Signal Bar closing on the low.
Abhinav Varshney reacted
19/10/2020 3:12 am
Not enough bars for a MTR so you can see it as a final flag or wedge reversal.
Fábio reacted
