NRB- Narrow range bar

Signals buyers and sellers are near equal in power. Only significant if it occurs after several normal to wide range bars offers clearest possible signs that a strong turn is close at hand A turn (rebounce) form NRB are more significant that a turn from a more normal size bar.


A turn (rebound or decline) after a NRB will tend to be more potent and reliable than a turn from a more normal size bar.
When NRB occurs after a several bar decline, look for stocks to turn upside. When NRB occurs after a several bar advance, look for stocks to turn to downside.

Entry:
Buy above the high of a NRB after a several bar drop.Sell below the low of a NRB after a several bar advance. Aggressive (Buy NRB after several bar decline if it is closing above the open/sell NRB after several bar advance if it is closing below the open)

RB- Reversal bar

Initial and often sharp move in one direction followed by an abrupt turn, which end the period in the opposite direction below the starting point.

Signals a sharp turn or change of trend is at close at hand.
A turn (rebound or decline) after an RB will tend to be more potent and reliable than a turn from a normal bar. RBs shows where shake outs have occurred. Bullish RB is most significant when it occurs after a several bar decline.
Bearish RB is most significant when it occurs after a several bar advance. When bullish RB occurs after a several bar decline, look for stock to turn upside. When bearish RB occurs after a several bar advance, look for stock to turn downside.

Entry:
Buy above the high of a bullish RB after a several bar drop.
Sell below the low of a bearish RB after a several bar advance.
Aggressive (Buy bullish RB just prior to close/sell bearish RB just prior to close)

Tails:

Marks the shift in balance of power between buyers and sellers have occurred.

A turn (rebound or decline) after a tail will tend to be more pronounced. Tails shows where shakeouts had occurred
A topping tail reveals where professional sellers are hanging out, dumping stocks to the general public.

A bottoming tail reveals where professional buyers are hanging out, accumulating stocks inexpensively. A bottoming tail is most significant when it occurs after a several bar advance.
A topping tail is most significant when it occurs after a several bar decline.

When topping tail occurs adter a several bar advance, look for stock to turn to the downside.

Entry:
Buy above the high of a bottoming bar after a several bar drop.
Sell below the low of a topping bar after a several bar advance.