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Key features of each day to watch for along with several examples.
P - V - A - C Day Color Characteristics C-Day Yellow
- Consolidation day, aka 'consoly' day. It may not chop, but it may have an accumulation or distribution quality to the action
- Trade often and trade fast
- Pattern traders fade 4HHs and 4LLs with backfill/pullbacks 3 bars later
- Apexes and angulars tend to have less importance
- Numerical traders trade after Bar8 open and use support one horizontal below, resistance one horizontal above
- C day opens often at the 25%
- The afternoon action tends to be opposite to the morning action
- Sample C-Day charts
- Bonnie Hill's Delta pages (more about rotation cycles)
- Ensign templates for identifying PVAC days.
Next: Other Uses of the Box Concept
Back: Price Action Strategies, Part2
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