PBD Models
PBD models are more discretionary than the Gap Fill and IBOB models and require experience reading market context. Reversal sub-models under PBD are considered lower priority for intraday trading; trend-following setups are preferred in mo…
1 sources - 3 claims
PBD models are more discretionary than the Gap Fill and IBOB models and require experience reading market context. Reversal sub-models under PBD are considered lower priority for intraday trading; trend-following setups are preferred in most sessions. The breakout model is confirmed when the breakout candle shows high volume and a strong close, and subsequent candles do not close back inside the prior value area.