A Study of “Both”

Up until now, I’ve been coding Boths, aka, a bar that makes both a new LL and a new HH, as whatever came before it. However I questioned it recently. Perhaps Both bars favored one direction over the other?

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I seem to be okay. It’s also good to know more about the Both bars in general. It appears that by 2:00 they’re all cleared up, which makes sense because Both bars generally occur when there isn’t enough movement in the day yet and it’s easy to reach both extremes. There are roughly similar chances for a HH or LL to appear before or after a Both bar, so to count them as null bars, or in the same direction that it’s already moving in, is okay to me.

 

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