I was posting about that a few weeks ago. Something I noticed and am in the works of keeping an eye on. So far it's reliability hasn't been seen enough to post as a TIP or Rule of Thumb. I've seen some take 3 weeks and even 4, once in a while. But I have noticed a flat tight channel, after an emotion pop, often results in a strong price decline, way more then continuation. If continuation doesn't happen fairly soon after the pop.
Working on how long is seen the most. Looking like 2 1/2 weeks to 3 1/2. So 3 weeks may end up the TIP number. But 2 weeks seems the soonest and 4 the longest. I may use this range as a TIP. Need to watch it more.
"two week boredom theory" good name for it. Or just "The Boredom TIP" once I prove to myself it's not a theory any longer.
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