QuestionsCategory: e-Tick-Toolsa yellow capitulation bar 30 min after rth open , suggest continuation down or bounce from the event ?
george asked 4 years ago
1 Answers
mcm-petermcm-peter Staff answered 4 years ago

When a 30 minute bar get a consultation bar red or yellow - it suggests that there is high probability of a reaction. key element to this reaction however is that, if the low or high of a capitulation bar is broken out - then momentum is likely to continue in the direction of the break.