Price Action Probabilities

Climax 20 bars into a trend, what is the probability of reversal vs continuation?

60% chance of reversal

40% chance of continuation

Enter reversal for scalp. TP is high/low of climax

Climax reversal trade - is the profit target a swing or scalp?

Profit target is scalp at the high/low of the climax

Micro channel late in trend or very long climax. What is the probability of continuation vs reversal?

70% chance of reversal with 2 legs 10 bars. If entering reversal, trade for a scalp NOT a MTR/swing.

After 2L10B look to enter again in the direction of the trend

CSC or a big breakout on the open. What is the probability of continuation?

50% continuation

50% reverse

If taking a trade on open momentum, plan to scalp out

The previous day was a trend, what is the probability of continuation on open?

50% chance of trend continuation

75% chance of 2L10B correction by 2nd hour

Probability of a reversal in a channel?

30% chance of reversal

70% chance of trend continuation. Fade pullbacks and only enter with trend

Probability of a BO of a TR after a climax at the high/low?

60% reversal after the climax (climax is exhaustion gap)

40% of BO succeeding and climax becomes a measuring gap

What is the failure rate of a TR BO?

80%

Is an inside bar at the top/bottom of a TR a good reversal signal?

yes, enter with good SB

For a reversal trade after a climax at the top/bottom of a TR, where is the TP?

At the high (bear) / low (bull) of the climax