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Bias-up / Bias-down

An active bias that triggers a target at the next higher resistance is labeled “Bias-up”, and a signal targeting the next lower support is labeled “Bias-down”. 

Exceeding the bias-up signal at 10:15(am) / 1:20(pm) puts into play its bias-up target.
– Invalidated if back under the bias-up signal at 10:30 (or 1:30).
– Target becomes “unfinished business” if unmet by 11:30 (or 2:30).

Exceeding the bias-down signal at 10:15(am) / 1:20(pm) puts into play its bias-down target.
– Invalidated if back above the bias-down signal at 10:30 (or 1:30).
– Target becomes “unfinished business” if unmet by 11:30 (or 2:30).

 

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