The consecutive close model suggests that the market will go 3 to 4+ consecutive close in a row, and then the next bar could be an opposite close.
The model does not mean the move is over; it is just a setback is anticipated, and you can make money both on a fade and momentum pattern.
There are several trades to consider when we see this model; if the market has moved up 3+ consecutive closes or more, then this model suggests:
Past performance is not necessarily indicative of future results.
Futures, Options on Futures and Forex trading involves a substantial degree of risk of loss and is not suitable for all individuals. An investor could lose the entire investment or, in some cases, more than the initial investment. Past performance is not necessarily indicative of future results.