Basically I do a 3 bar count. For example....the first green candle is my 1st count, then I look for two more candles (red or green) after the first candle. If any of the two following candles are green with a higher high then I reset my count to the most recent green candle. Red candle wicks can be higher (not preferable) than the first or second green candle high. I will take a higher green candle if it is a solid hammer or a full expansion candle with high V.

posted in stocks on Aug 2 8:12am