The Consecutive Closes model suggests that the market will go 3 to 4+ consecutive close in a row before there is an an opposite close, or reversal in the trend.
The model does not mean the current trend is over; it suggest a setback is anticipated.
Current Bar -
The current bar is counted into the Consecutive Closes model.
Meaning, if there were 3 green bars up with up closes. and the current bar is also above it's opener, this would count as bar 4.
But, if the current bar closes below it's opening, then the past view would have been 3 consecutive closes up, then the reversal bar.
How to trade Consecutive Closes?
This model is also known as Ops Up / Ops Down, but once you get to 3 to 4 plus bars, you can expect some type of set back. Keep in mind this does not mean the move is over, just a set back.
We cover this model and more in the Prophet Target Trade Room.
As of July 28th, this page is in the making.
We have over 70 trade models to do videos for and we are doing one video per day.
We will continue to add to this page each day. Feel free to come back and learn more.
We will also be updating all the content on each of the trade model pages as we create the videos as well. So stay tuned and come back to see more when you can.
Click YouTube icon to make larger
Click YouTube icon to make larger
Click YouTube icon to make larger
Click YouTube icon to make larger
Cycle Trader Pro
Copyright © 2022 Cycle Trader Pro - All Rights Reserved.
Futures, Options on Futures and Forex trading involves a substantial degree of risk of loss and is not suitable for all individuals.
An investor could lose the entire investment or, in some cases, more than the initial investment. Past performance is not necessarily indicative of future results.
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.