Study.
BAR is one of my fav. trade.
What is BAR and how it works.
1. Stock breaks below prior day's low. Bears/shorts start shorting.
2. Bulls push price back above prior day's low.
3. Bears/shorts now have to cover = buying + dip buyers. = bull rush
BAR is one of my fav. trade.
What is BAR and how it works.
1. Stock breaks below prior day's low. Bears/shorts start shorting.
2. Bulls push price back above prior day's low.
3. Bears/shorts now have to cover = buying + dip buyers. = bull rush
BAR is a bullshit acronym I made up. But the price action have different names by different traders.
Ignore the name, study/master the price action.
a few acronyms I use.
BAR - break and reverse
RSB - reversal structure break
Ignore the name, study/master the price action.
a few acronyms I use.
BAR - break and reverse
RSB - reversal structure break
Most of you are missing the larger point here. Itβs not about what anyone calls it.
The price action is what matters.
The price action is what matters.
Loading suggestions...