Market Reversal and Sushi Roll

Question 1

What is the sushi roll technique

Answer 1

It is a way of identifying potential changes in market direction

Question 2

If you are in an uptrend what does a sushi roll pattern indicate

Answer 2

A reversal into a downtrend and to maybe get out of the long position

Question 3

What is the sushi roll pattern

Answer 3

When the first 5 of 10 bars are confined in a narrow range of highs and lows, and the second 5 bars all engulf the first five with higher highs and lower lows.

Question 4

What number of bars are used for the sushi roll pattern

Answer 4

any that fit the stock youre looking at

Question 5

What is another reversal pattern in the sushi roll

Answer 5

used for longer term, pattern takes 10 days, happens when there is a week of bars that are engulfed by the consecutive week of bars

Question 6

What did the NASDAQ composite test show about the sushi roll

Answer 6

most reliable time period is 2 weeks of bars engulfed by the next 2 weeks of bars

Question 7

What did the long term NASDAQ composite test show about long term sushi roll periods to use

Answer 7

first bar = 10 weeks

second bar = 8 weeks

Question 8

AY BAWS CAN I HABE DE NOTE PLZ

Answer 8

when using sushi roll make sure you also used trend confirmation by watching the asset price break a support/resistance and retest the support/resistance