Alpha Omega Continuation
There is Power in the Power Numbers
Last updated
There is Power in the Power Numbers
Last updated
Alpha Omega Continuation refers to the scenario where a or is plotted following a significant price movement in a specific direction, indicating a continuation of the trend in that same direction.
For instance, if a green FlowMaster™ Alpha is plotted after a substantial upward movement, it may suggest a potential continuation of the upward trend.
IMPORTANT: Pay attention to the Power Number displayed on the left of each AO cross. The higher the number, the more likely price may reverse shortly after. Generally, AO Power Numbers of 20 and above can signal large reversals. The lower the number, the more likely price may continue in the direction its already moving in. For example, 10 may be considered a "low" number.
The Alpha Omega continuation can be effectively utilized with the provided by the and other AlgoBox™ tools.
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