Opposite Close in Dir of Cycle Move
Opposite Close in Direction of the Cycle Move -
How many times have you been in a trade and got taken out because the bar close against the move?
I bet a lot of times. It happens to us too. So, we needed to learn from this and we did.
Most 4 to 9 bar cycle moves are NOT straight up or down. They have opposite closes along the way. Meaning that if it is cycling up, you will see down closes along the way. Vice versa going down, you will see up close bars along the way.
How to trade this model?
We suggest to be aware of this and see it for what it is worth. Don't jump on the 1st opposite close, wait to see what happens before reacting to them.
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