Trading Broad Bear Channels & TRs

Question 1

Broad Bear Channels are not common on 5 minute chart as these charts usually have about 100 Bars on the screen and Broad Bear Channels usually have more bars on the screen to show the Broad Channel

Answer 1

Broad Bear Channels are not common on 5 minute chart as these charts usually have about 100 Bars on the screen and Broad Bear Channels usually have more bars on the screen to show the Broad Channel

Question 2

Broad Channels are still a Bear Trend

Therefore Traders find it easier to make money by Selling

Answer 2

Broad Channels are still a Bear Trend

Therefore Traders find it easier to make money by Selling

Question 3

Bear Channels can be Tight or Broad

Answer 3

Bear Channels can be Tight or Broad

Question 4

Broad Channels are similar to TRs

Answer 4

Broad Channels are similar to TRs

Question 5

Broad Channels and TRs are the same for about 90% of the Bars

Answer 5

Broad Channels and TRs are the same for about 90% of the Bars

Question 6

Broad Channels are Tight Channels on Higher TFs

Answer 6

Broad Channels are Tight Channels on Higher TFs

Question 7

Broad Channel is Mostly in one or more TRs

The more the bars look like they are in a TR, the more traders will trade them like they are in a TR (BLSHS)

Answer 7

Broad Channel is Mostly in one or more TRs

The more the bars look like they are in a TR, the more traders will trade them like they are in a TR (BLSHS)

Question 8

a Broad Bear Channel is Simply TR that is slightly tilted down

Answer 8

a Broad Bear Channel is Simply TR that is slightly tilted down

Question 9

Broad Channels, How do you know when it is Broad?

Answer 9

Legs up and down lasting mostly 5 or more Bars

Size of avg leg is at least 3 times bigger than the smallest scalp (1 point in eMini)

Size of leg is at least 2-3 times the size of avg Bar

PB often more than 50% and sometimes 100%

1 or more rallies strong enough for may traders to see AIL

Question 10

In a Broad Bear Trend there are times when it is actually in AIL

Bulls and Bears can make MONEY

Answer 10

In a Broad Bear Trend there are times when it is actually in AIL

Bulls and Bears can make MONEY

Question 11

In Broad Bear Channels usually PBs OVERLAP BO Points

Broad Bear Channels often contain many TRs as they have many TR qualities to it

Answer 11

In Broad Bear Channels usually PBs OVERLAP BO Points

Broad Bear Channels often contain many TRs as they have many TR qualities to it

Question 12

5 Minute Chart with Broad Channel = Typically a Wedge Bottom Pattern

It is important to keep in mind with the 3rd push down in the Wedge nearing the end of the day; there is not much more time for the swing down to contain so this increases the odds of a successful wedge bottom reversal

Answer 12

5 Minute Chart with Broad Channel = Typically a Wedge Bottom Pattern

It is important to keep in mind with the 3rd push down in the Wedge nearing the end of the day; there is not much more time for the swing down to contain so this increases the odds of a successful wedge bottom reversal

Question 13

Broad Channels are not common on 5 minute charts, how come … ?

Usually can not clearly form a Broad Channel on a 5 minute chart in one day unless there are 100+ bars

To believe it is a bear channel and not a a TR, usually need at least 3 Legs Up and 3 Legs Down

Answer 13

Broad Channels are not common on 5 minute charts, how come … ?

Usually can not clearly form a Broad Channel on a 5 minute chart in one day unless there are 100+ bars

To believe it is a bear channel and not a a TR, usually need at least 3 Legs Up and 3 Legs Down

Question 14

5 Minute Day Traders should just Trade Each Segment (Trade what is infront of you)

Answer 14

5 Minute Day Traders should just Trade Each Segment (Trade what is infront of you)

Question 15

Broad Channels on 5 Minute Charts usually takes 2 or More Days to form on a 5 Minute Charts

Answer 15

Broad Channels on 5 Minute Charts usually takes 2 or More Days to form on a 5 Minute Charts

Question 16

When there is a Broad Channel on 5 minute Chart that is over the course of several days consider using the 60 Minute Chart instead

Answer 16

When there is a Broad Channel on 5 minute Chart that is over the course of several days consider using the 60 Minute Chart instead

Question 17

5 Minute Broad Channel = Can be a Tight Channel on the 60 Minute Chart

Answer 17

5 Minute Broad Channel = Can be a Tight Channel on the 60 Minute Chart

Question 18

Major High; Leads to Strong Bear BOs and usually a new Low

Answer 18

Major High; Leads to Strong Bear BOs and usually a new Low

Question 19

Minor Highs often get Failed BOs Above

In Broad Channels it is common for the market to be in a Channel, Bull Trend and a TR

Answer 19

Minor Highs often get Failed BOs Above

In Broad Channels it is common for the market to be in a Channel, Bull Trend and a TR

Question 20

Broad Bear Channels contain Bull Trends and TRs

Answer 20

Broad Bear Channels contain Bull Trends and TRs

Question 21

The First 6 Days of a 9 Day Broad Bear Channel have a lot of variety

Answer 21

The First 6 Days of a 9 Day Broad Bear Channel have a lot of variety

Question 22

Most Traders Trade Each Day by itself and Not apart of the 9 Day Broad Bear Channel

Answer 22

Most Traders Trade Each Day by itself and Not apart of the 9 Day Broad Bear Channel

Question 23

All Major Reversals are relatively long in probability

40% Chance of becoming a Trend

They are an OK buy if I hold for a REWARD that is 2x Actual Risk

Answer 23

All Major Reversals are relatively long in probability

40% Chance of becoming a Trend

They are an OK buy if I hold for a REWARD that is 2x Actual Risk

Question 24

Possible TR so will the Bulls Buy?

Answer 24

Yes they will as they see TWO Legs down with a lot over overlap among the bars with big tails. So they conclude this may be a TR and the will begin to buy reversals up from Two Legs down and Sell Reversals down from Two Legs up

Question 25

When not clearly in Broad Bear Channel, TRADE WHAT IS CLEAR

Answer 25

When not clearly in Broad Bear Channel, TRADE WHAT IS CLEAR

Question 26

In general you should want to see 3 pushes down before I conclude the market is in a Broad Bear Channel Then it is @ a Wedge bottom and traders look to buy reversal up

Answer 26

In general you should want to see 3 pushes down before I conclude the market is in a Broad Bear Channel Then it is @ a Wedge bottom and traders look to buy reversal up

Question 27

What part of the Market Cycle? You always want to early diagnosis what cycle the market is in

Answer 27

What part of the Market Cycle? You always want to early diagnosis what cycle the market is in

Question 28

In general you should want to see 3 pushes down before I conclude the market is in a Broad Bear Channel Then it is @ a Wedge bottom and traders look to buy reversal up

Answer 28

In general you should want to see 3 pushes down before I conclude the market is in a Broad Bear Channel Then it is @ a Wedge bottom and traders look to buy reversal up

Question 29

When not clearly in Broad Bear Channel, TRADE WHAT IS CLEAR

Answer 29

When not clearly in Broad Bear Channel, TRADE WHAT IS CLEAR

Question 30

Possible TR so will the Bulls Buy?

Answer 30

Yes they will as they see TWO Legs down with a lot over overlap among the bars with big tails. So they conclude this may be a TR and the will begin to buy reversals up from Two Legs down and Sell Reversals down from Two Legs up

Question 31

All Major Reversals are relatively long in probability 40% Chance of becoming a Trend They are an OK buy if I hold for a REWARD that is 2x Actual Risk

Answer 31

All Major Reversals are relatively long in probability 40% Chance of becoming a Trend They are an OK buy if I hold for a REWARD that is 2x Actual Risk

Question 32

Broad Bear Channel is a BEAR TREND so look to SELL

Answer 32

Broad Bear Channel is a BEAR TREND so look to SELL

Question 33

Stairs Pattern = PB goes back beyond BO Points

Answer 33

Stairs Pattern = PB goes back beyond BO Points

Question 34

Once there is a Deep PB or AIL, the Bulls will BUY Selloffs Some bulls buy below prior low Some bears buy below prior low to take profits

Answer 34

Once there is a Deep PB or AIL, the Bulls will BUY Selloffs Some bulls buy below prior low Some bears buy below prior low to take profits

Question 35

Once there is a Deep PB or AIL, the Bulls will BUY New LOW Bulls buy @ new low expecting PB above BO point like the last time

Answer 35

Once there is a Deep PB or AIL, the Bulls will BUY New LOW Bulls buy @ new low expecting PB above BO point like the last time

Question 36

Never certain but each bar gives new information Traders are constantly trying to decide if probability is 60% for the next few bars going up or down

Answer 36

Never certain but each bar gives new information Traders are constantly trying to decide if probability is 60% for the next few bars going up or down

Question 37

Some computers see this as AIL

Answer 37

Some computers see this as AIL

Question 38

Most Broad Channels are also in TRs

Answer 38

Most Broad Channels are also in TRs

Question 39

The market is in BOM but there is a slight higher probability for the Bears due to the CONTEXT With it being a Tight TR in the Pattern it is probably better to Sell for a Swing down opposed to a Scalp

Answer 39

The market is in BOM but there is a slight higher probability for the Bears due to the CONTEXT With it being a Tight TR in the Pattern it is probably better to Sell for a Swing down opposed to a Scalp

Question 40

Weak Selloff = Possible Sell Leg in a Big TR The Nested Wedge Bottom is a great sign for the Bears to Take Profits and Bulls to Buy for a Swing or Scalp up

Answer 40

Weak Selloff = Possible Sell Leg in a Big TR The Nested Wedge Bottom is a great sign for the Bears to Take Profits and Bulls to Buy for a Swing or Scalp up

Question 41

All Trends eventually END Look for MM targets to Take Profits on a MTR

Answer 41

All Trends eventually END Look for MM targets to Take Profits on a MTR

Question 42

Some traders do not like to take many trades (In and Out, In and Out) Afraid they will not be able to re-enter the market and might miss a big swing So this is why it is better for traders to swing trade with a Wide Stop

Answer 42

Some traders do not like to take many trades (In and Out, In and Out) Afraid they will not be able to re-enter the market and might miss a big swing So this is why it is better for traders to swing trade with a Wide Stop

Question 43

Entering with a Limit Orders make sure to use a Reasonable Stop

Answer 43

Entering with a Limit Orders make sure to use a Reasonable Stop

Question 44

Scale In to increase chance of profitability Some bulls will buy more lower and this increases the chances of profit, this increases risk so trade small enough so that risk is acceptable

Answer 44

Scale In to increase chance of profitability Some bulls will buy more lower and this increases the chances of profit, this increases risk so trade small enough so that risk is acceptable

Question 45

Taking Profits in a TR; many Traders will Scalp It is ok to Scalp out at 1 - 2x Actual Risk as long as it is Bigger that the minimum Emini Scalp (1 Point) \*Remember that minimum needed for a profitable Trader's Equation; the minimum is rarely the best choice

Answer 45

Taking Profits in a TR; many Traders will Scalp It is ok to Scalp out at 1 - 2x Actual Risk as long as it is Bigger that the minimum Emini Scalp (1 Point) \*Remember that minimum needed for a profitable Trader's Equation; the minimum is rarely the best choice

Question 46

Taking Profits in a TR has many Logical Choices

Answer 46

Taking Profits in a TR has many Logical Choices

Question 47

Swing Trades = 4+ Points / Scalp = 1 - 3 Points

Answer 47

Swing Trades = 4+ Points / Scalp = 1 - 3 Points

Question 48

Take Profits at Big Swings Up and Down, so Many Traders will Swing

Answer 48

Take Profits at Big Swings Up and Down, so Many Traders will Swing

Question 49

TR Day often gets a Late Test of the Open of the Day

Answer 49

TR Day often gets a Late Test of the Open of the Day

Question 50

TRs are very Forgiving to Limit Order Traders who are able to use WIDE STOPS and Scale In Good Management is NECESSARY

Answer 50

TRs are very Forgiving to Limit Order Traders who are able to use WIDE STOPS and Scale In Good Management is NECESSARY

Question 51

TRs can be a Tight Trading Range (TTR) a Tight TR is a Limit Order Market

Answer 51

TRs can be a Tight Trading Range (TTR) a Tight TR is a Limit Order Market

Question 52

TTR most Traders should NOT TRADE But to Trade in a TTR you want the Height of the TR to be at least either 3 times the size of the avg bar or 3 times the size of a minimum Scalp (1 point) so 3 points

Answer 52

TTR most Traders should NOT TRADE But to Trade in a TTR you want the Height of the TR to be at least either 3 times the size of the avg bar or 3 times the size of a minimum Scalp (1 point) so 3 points

Question 53

TR = LOM

Answer 53

TR = LOM

Question 54

ALL TRs eventually BO into Trends When the BO successfully occurs with the BO Bar closing near its low with strong follow-through; EXIT POSITION at the market DO NOT WAIT for a better Exit YOU are WRONG, GET OUT it is ok to be wrong

Answer 54

ALL TRs eventually BO into Trends When the BO successfully occurs with the BO Bar closing near its low with strong follow-through; EXIT POSITION at the market DO NOT WAIT for a better Exit YOU are WRONG, GET OUT it is ok to be wrong

Question 55

In a TR when the Bulls have a BO the Bears will SELL it betting on the reversal down AND when the Bears have a BO the Bulls will BUY it betting on the reversal up

Answer 55

In a TR when the Bulls have a BO the Bears will SELL it betting on the reversal down AND when the Bears have a BO the Bulls will BUY it betting on the reversal up

Question 56

BOs can be made of a Channel and many Small BARS

Answer 56

BOs can be made of a Channel and many Small BARS

Question 57

Strong 2nd Leg is a Trap - Hopeful Beginner Bets on a Trend in a Rally

Answer 57

Strong 2nd Leg is a Trap - Hopeful Beginner Bets on a Trend in a Rally

Question 58

Most Swings have 2 Legs or Wedges, especially swings UP/DOWN in TRs Many Legs subdivide into 2 or 3 Legs It is very common to have Legs that are Wedges in TRs

Answer 58

Most Swings have 2 Legs or Wedges, especially swings UP/DOWN in TRs Many Legs subdivide into 2 or 3 Legs It is very common to have Legs that are Wedges in TRs

Question 59

Trend Bars in a TR = EXPECT BAD FOLLOW - THROUGH

Answer 59

Trend Bars in a TR = EXPECT BAD FOLLOW - THROUGH

Question 60

Strong 2nd Leg is a Trap - Hopeful Beginner Bets on a Trend in a Selloff

Answer 60

Strong 2nd Leg is a Trap - Hopeful Beginner Bets on a Trend in a Selloff

Question 61

a Beginner gets Trapped when Buying High and/or Selling Low in a TR

Answer 61

a Beginner gets Trapped when Buying High and/or Selling Low in a TR

Question 62

a Beginner gets Trapped when Buying High and/or Selling Low

Answer 62

a Beginner gets Trapped when Buying High and/or Selling Low

Question 63

Fade BOs (Bet they will FAIL) An Expert will Fade a BO betting of Trapped Traders

Answer 63

Fade BOs (Bet they will FAIL) An Expert will Fade a BO betting of Trapped Traders

Question 64

An Expert Trader knows that an Exhaustion Gap is more likely than a Measuring Gap when the market is in TR and they look to sell Reversals Down and Up

Answer 64

An Expert Trader knows that an Exhaustion Gap is more likely than a Measuring Gap when the market is in TR and they look to sell Reversals Down and Up

Question 65

An Expert will Fade a BO betting of Trapped Traders

Answer 65

An Expert will Fade a BO betting of Trapped Traders

Question 66

Timing for an Entry in a TR can be difficult Waiting for a 2nd Entry in a TR yields a lot greater success especially if not confident! A Skilled traders often uses a Wide Stop or Scales in

Answer 66

Timing for an Entry in a TR can be difficult Waiting for a 2nd Entry in a TR yields a lot greater success especially if not confident! A Skilled traders often uses a Wide Stop or Scales in

Question 67

Stop Order entries work in TR when the market is going in my desired direction

Answer 67

Stop Order entries work in TR when the market is going in my desired direction

Question 68

Strong Leg in a TR = Wait for 2nd Signal When a First leg is strong wait for a 2nd entry buy signal, like a Micro DB or strong bull BO When a First leg is strong wait for a 2nd entry sell signal, like a Micro DT or strong bear BO

Answer 68

Strong Leg in a TR = Wait for 2nd Signal When a First leg is strong wait for a 2nd entry buy signal, like a Micro DB or strong bull BO When a First leg is strong wait for a 2nd entry sell signal, like a Micro DT or strong bear BO

Question 69

Protective Stops beyond Signal Bar

Answer 69

Protective Stops beyond Signal Bar

Question 70

Protective Stops, Not too Wide

Answer 70

Protective Stops, Not too Wide

Question 71

Scaling In in TRs increases probability BUT adds Risk

Answer 71

Scaling In in TRs increases probability BUT adds Risk

Question 72

Scaling In is only for Expert Traders Only

Answer 72

Scaling In is only for Expert Traders Only

Question 73

The reasons Traders Scale In is to increase probability of profits or to reduce size/probability of loss and Pay for this with increased risk SO trade SMALL

Answer 73

The reasons Traders Scale In is to increase probability of profits or to reduce size/probability of loss and Pay for this with increased risk SO trade SMALL

Question 74

Most Traders never plan for a WIDE STOP to get HIT Usually it is better to exit with a loss when I believe the trade is bad Exit on the close of the follow-through bar against my trade direction

Answer 74

Most Traders never plan for a WIDE STOP to get HIT Usually it is better to exit with a loss when I believe the trade is bad Exit on the close of the follow-through bar against my trade direction

Question 75

Scaling In has many CHOICES

Answer 75

Scaling In has many CHOICES

Question 76

Using a Wide Stop protects against Black Swan Catastrophes

Answer 76

Using a Wide Stop protects against Black Swan Catastrophes

Question 77

What is the purpose of me using a Wide Stop?

Answer 77

The purposes of a wide stop are to give time to make decisions, and to protect against black swan events A Trader always plans to exit before wide stop is hit

Question 78

Sell Zones in a Bear BO or Tight Channel When selloff is strong, bears look to sell PB to middle of prior leg (SELL ZONE) Sell with limit order @ 50% PB Sell reversal down

Answer 78

Sell Zones in a Bear BO or Tight Channel When selloff is strong, bears look to sell PB to middle of prior leg (SELL ZONE) Sell with limit order @ 50% PB Sell reversal down

Question 79

Sell Zone in Top 3rd which when the market appears in more of a TR then a Channel & PN Sell above LH Sell with limit order at 60-70% PBs rally more than 50% & above prior significant highs, bears look to sell in top 3rd of prior leg(Sell Zone)

Answer 79

Sell Zone in Top 3rd which when the market appears in more of a TR then a Channel & PN Sell above LH Sell with limit order at 60-70% PBs rally more than 50% & above prior significant highs, bears look to sell in top 3rd of prior leg(Sell Zone)

Question 80

Bear Trend so you can SELL at ANY TIME

Answer 80

Bear Trend so you can SELL at ANY TIME

Question 81

In a Broad Bear Channel it is better to Sell PBs than BOs Similar to TRs it is easier to make money if I wait for PB to sell DO NOT SELL BO below Prior Low

Answer 81

In a Broad Bear Channel it is better to Sell PBs than BOs Similar to TRs it is easier to make money if I wait for PB to sell DO NOT SELL BO below Prior Low

Question 82

Profit Taking Zones Below Low

Answer 82

Profit Taking Zones Below Low

Question 83

Broad Bear Channels expect DEEP PBs (Bear Rallies) Broad Bear Channel just a TR that is sloped down Bears expect deep PBs (rallies)

Answer 83

Broad Bear Channels expect DEEP PBs (Bear Rallies) Broad Bear Channel just a TR that is sloped down Bears expect deep PBs (rallies)

Question 84

Strong Bulls BO Attempts REVERSE DOWN QUICKLY Because Bears expect deep PBs and often wait to sell until in the it reaches in the top half, there can be a lack of sellers in the BOTTOM HALF This often Creates a Buy Vacuum and Strong Bull BO making bulls think they've won Once the bull BO reaches the sell zone(top2/3rds) bears SELL AGGRESSIVELY and overwhelm the bulls, and create another LH

Answer 84

Strong Bulls BO Attempts REVERSE DOWN QUICKLY Because Bears expect deep PBs and often wait to sell until in the it reaches in the top half, there can be a lack of sellers in the BOTTOM HALF This often Creates a Buy Vacuum and Strong Bull BO making bulls think they've won Once the bull BO reaches the sell zone(top2/3rds) bears SELL AGGRESSIVELY and overwhelm the bulls, and create another LH

Question 85

Sometimes there is 2 Choices for a Stop, they are both REASONABLE 1. Major LH - new high or strong rally, followed by a strong bear BO to a new low in the trend 2. Minor LH - PB in bear leg * Using the Tighter Stop lose less money BUT lose more often * Using the Wider Stop lose more money BUT lose less often

Answer 85

Sometimes there is 2 Choices for a Stop, they are both REASONABLE 1. Major LH - new high or strong rally, followed by a strong bear BO to a new low in the trend 2. Minor LH - PB in bear leg * Using the Tighter Stop lose less money BUT lose more often * Using the Wider Stop lose more money BUT lose less often

Question 86

50% PB Why Sell? If bear channel, then bear trend, even if it is weak Bear Trends means the probability of new low are greater than probability of a new high & @ 50% PB the Risk equals the Reward Take Profits @ prior low or on Reversal up

Answer 86

50% PB Why Sell? If bear channel, then bear trend, even if it is weak Bear Trends means the probability of new low are greater than probability of a new high & @ 50% PB the Risk equals the Reward Take Profits @ prior low or on Reversal up

Question 87

Minor 50% PBs are STILL A GOOD SELL

Answer 87

Minor 50% PBs are STILL A GOOD SELL

Question 88

@ 50% PB the Risk equals the Reward

Answer 88

@ 50% PB the Risk equals the Reward

Question 89

Broad Channel has TRs than BOs ANY Broad Channel is gong to have SEVERAL TRs

Answer 89

Broad Channel has TRs than BOs ANY Broad Channel is gong to have SEVERAL TRs

Question 90

TRs are typically in BOM Every Bear Trend TRs contains Bottoming Patterns

Answer 90

TRs are typically in BOM Every Bear Trend TRs contains Bottoming Patterns

Question 91

A PATTERN often has 2 or more ways to label it DO NOT LOSE SIGHT OF THE GOAL

Answer 91

A PATTERN often has 2 or more ways to label it DO NOT LOSE SIGHT OF THE GOAL

Question 92

Every Bear BO is a Failed Bottom When a bottom fails, bulls give up and sell out with a LOSS Bears sell BO, looking for a MM down

Answer 92

Every Bear BO is a Failed Bottom When a bottom fails, bulls give up and sell out with a LOSS Bears sell BO, looking for a MM down

Question 93

Every Rally in a Bear Trend is a BEAR FLAG

Answer 93

Every Rally in a Bear Trend is a BEAR FLAG

Question 94

Every TR in a Bear Trend contains a Bear Flag Even though TR is in BOM and the probability is 50/50 for Bulls and Bears as long as the market is still making LHs, then it is still in a bear trend And it is easier for the Bears to make money, at least on higher TF charts

Answer 94

Every TR in a Bear Trend contains a Bear Flag Even though TR is in BOM and the probability is 50/50 for Bulls and Bears as long as the market is still making LHs, then it is still in a bear trend And it is easier for the Bears to make money, at least on higher TF charts

Question 95

On 5minute charts, trade each day as each swing develops About as easy to make money buying or selling

Answer 95

On 5minute charts, trade each day as each swing develops About as easy to make money buying or selling

Question 96

Bear BO of Broad Bear Channel usually FAILS! Bear BO below a bear channel has a 75% chance of reversing back up within about 5 bars(on the highest TF with the pattern) Only a 25% chance of a successful bear BO below a Bear Channel BO eventually is followed by a another bear channel and MM down

Answer 96

Bear BO of Broad Bear Channel usually FAILS! Bear BO below a bear channel has a 75% chance of reversing back up within about 5 bars(on the highest TF with the pattern) Only a 25% chance of a successful bear BO below a Bear Channel BO eventually is followed by a another bear channel and MM down

Question 97

Trade a Bear BO from a Bear Channel like any other BO Sell for any reason and hold for swing down

Answer 97

Trade a Bear BO from a Bear Channel like any other BO Sell for any reason and hold for swing down

Question 98

Bear Channels evolve in TRs or Bull Trend Channels DO NOT last forever

Answer 98

Bear Channels evolve in TRs or Bull Trend Channels DO NOT last forever

Question 99

Sell Zones in Broad Bull Channels = Bears start to sell somewhere in the middle 3rd Sell Zones in TRs = Bears will look to sell further up, maybe in the top 3rd Traders are ALWAYS LOOKING to SELL 50% PBs because they know the market is in a Bear Trend, AIS so there is a 60% chance the market will fall lower

Answer 99

Sell Zones in Broad Bull Channels = Bears start to sell somewhere in the middle 3rd Sell Zones in TRs = Bears will look to sell further up, maybe in the top 3rd Traders are ALWAYS LOOKING to SELL 50% PBs because they know the market is in a Bear Trend, AIS so there is a 60% chance the market will fall lower