"... Lastly, traders might buy when the price level reaches the prior support after the gap has been filled. An example of this strategy is outlined below." https://www.investopedia.com/articles/trading/05/playinggaps.asp " About 92% Gaps in the Nasdaq-100 Stocks get filled." https://bioequity.org/statistics-do-stock-price-gaps-always-get-filled/
Price did fill in that WRB on your chart when it retested the WRB support area and then it shot back up.
Well, due to the way ES has been moving this week....Jan 25 to Jan 28, 2021, as of 1:36pm EST, WRB analysis has been completely useless since this Monday the 25th. A few times today it came into use, but that is all. This doesn't mean ES has not been tradable so far this week. No, it has. It really has. But WRB analysis did not come into play. But if one thinks about it, it was not needed anyway.
You're still very confused about what your using...your special way when you say "I have my own" is useless or you're either using Wide Range Bar Analysis or maybe WRB Analysis. Oh wait, you're on record in another thread in the Political section in admitting you do not use WRB Analysis. That would then imply you're either talking about your special way or talking about Wide Range Bar Analysis. Regardless, another childish temper tantrum message post by you as someone that should be permanently banned from this forum after already being temporarily banned (as a warning) for posting a "racist" message post elsewhere at this forum..revealing your true character as a human being. Oh wait, it gets better. You then later denied you've made any racist message posts or denied "liking" racist message posts by others. Yeah, I made screenshots of such too...will post it at my convenience. wrbtrader
big bars retest Double Top and Bottom https://elitetrader.com/et/threads/...t-right-here-baby.335635/page-18#post-5309309 Trading a Dead Cat Bounce Upside down https://elitetrader.com/et/threads/...st-right-here-baby.335635/page-8#post-4987957
It has come to my attention that wrbtrader has once again posted in MY THREAD while he has me on ignore. He challenges me to come down to the Politics section but posts here instead. But the question is: Why? Lie #1 - I am on record as using Pristines WRB analysis. I have never stated any thing else on any other thread anywhere on the Internet. No where. You are being schizo once again. 2 - Poor wrbtrader is having a childish temper problem because he thinks he owns all WRB analysis talk on the Internet. He does not. Maybe he should talk to Oliver and Greg about that? 3- Wrbtrader should be banned for repeatedly stalking me here while he has me on ignore. 4- Your true trait as a human being is as a chicken. A cooked chicken: LOL
What's really interesting is the fact that WRB's fail often as an igniter or as an ender. Ask Oliver or Greg. You can have more than one. You can have 3 or four in a row.