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Category:1REV
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[[文件:20120315ninetrans.png|缩略图|266x266px]]''The first reversal of the day. Also see OR. 1Rev is the first Reversal setup on the day and it usually means there is already a trend on the day.'' ''The simplest to read kind of first reversal is''<ref>https://ninetrans.blogspot.com/2012/03/ideal-first-reversal.html</ref>'':'' * ''a trend move from open consisting entirely of trend bars that penetrates a support such as HLC of prior day or EMA ([[20120315]] was both C of prior and ema)'' <ref>this initial strong move indicates some kind of vacuum test or exhaustive move.</ref> * ''a good reversal signal. If the reversal signal is weak (for example, it has a large entry side tail or is a bar of the wrong color), it is likely to take out the low and try a second time.'' ''Such a 1Rev is often the low of the day and will close near its high so its a good candidate for a day long swing. In practice, if you get a very sharp move (for e.g. b31-35 on [[20120315]]) that looks like an overshoot and gives a decent profit, its a good practice to take some or all off and wait for more price action.'' [[Category:NINETRANS]]
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