The Occurrence of Consecutive Bullish Bars is best used in tandem with Consecutive Bullish Bars. The occurrence of the bullish bars - how often a market can string together a number of up bars with a higher close - can offer the historical likelihood that once a market begins a rally, how often it will keep that upward momentum.

The ability of a pair to follow through, and more importantly how often is can do so, is a valuable piece of information for traders trying to capitalize on the momentum of a rally. If the occurrence of .bullish runs. averages between one and three bars then the majority moves are quicker in nature with less likelihood for sustained trends.

Traders know that sustained trends cannot simply be determined by historical tendencies however, add the Movement of Consecutive Bars to this data and the range can be better determined and thus profit targets and/or stop losses can be placed more according to the volatility of the market and not a random spot on the price chart.