OB to RS Flashcards
OB
Outside bar, the high is at or above the high of the prior bar and the low is at or below the low
OD
Outside down bar, which means its high is at or above the high of the prior bar and its low is at or below the low of the prior bar and its close is below the open
ODD
Outside Down Day, which means a reversal down from above yesterdays high to below yesterdays low
OO
Consecutive outside bars, Breakout Mode, so both Buy and Sell signal. In a bull trend, it can be top or bull flag. In a bear trend, it can be bottom or bear flag
OOD
Open of Day
ORVD
Opening Reversal Down
ORV
Opening Reversal
ORVU
Opening Reversal Up
OUD
Outside Up Day, which means a reversal up from below yesterdays low to above yesterdays high
OU
Outside up bar, which means its high is at or above the high of the prior bar and its low is at or below the low of the prior bar and its close is above the open
OW
Open of Week
P
Probability
PB
Pullback
PBX
Parabolic Buy Climax
PH
Possible High of day or swing high, reasonable sell setup. Since it is a reversal trade, it is not high probability so it is a swing setup
