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Reversal Bullet
Reversal Bullet
wicks
Move up with large wicks => Warning sign that the
market either will ranges or reverses
The market ranges as expected
The market breaks the high with wick
The market starts showing momentum down
The market build momentum to the downside
There’s INSIDE BAR => We mark level at the low
of the INSIDE BAR
We set pending order and get tagged in
We see a descending nature => We’re not looking to
scale in