Can only be confirmed in hindsight. A break ABOVE resistance in a bearish chart pattern which then reverses (usually rapidly) to the downside and moves down strongly. A result of euphoria and often happens at a blow-off top.


Chart defined Macro Economics & Trading
Can only be confirmed in hindsight. A break ABOVE resistance in a bearish chart pattern which then reverses (usually rapidly) to the downside and moves down strongly. A result of euphoria and often happens at a blow-off top.