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2020 Charts, page-463

  1. 797 Posts.
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    Thanks my man, appreciate that so much.
    I love seagull's Gap theory.
    But I note only the Gap ups are taken and not the gaps down in his probabilities. (for which we were in a bear market). The gap ups in the bear market are imo the market makers testing the resistance on the way down and then to fill them (we were going down anyway)

    While we are in a bull market which is technically currently for us, arguably only the gaps down would have the same probability effect as seagull's hypothesis.

    So that is my personal logic for which I follow them, I've only sorta realised this recently though.
 
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