I see these a lot within downtrends (lower lows, lower highs) like the pictured below, but not at ATH's. Can you reference any other successful bullish crabs using X-A leg with A being ATH? I don't usually use 7 period MFI's for a daily chart -- why did you decide to use such a short number of periods? Thx for posting and cheers.
Thanks for graph...Op ex today.. Financial pigs fill gap.. Max option call prices.. Maybe even Monday...Yesterday was easy.. The gap down grinded up all day..they hosed call prices to get them low..Next weeks into Nov.... Selling and yelling.. Agree with you totally.. Next op ex.. Nov.. Will be DOWN. Monthly chart is a tell. Next stop.. 10 day ema.