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== Wedge reversal ==
''A Wedge reversal (three or four pushes each with a new extreme) forming at the top or bottom of a trend is probably the most successful setup for a swing trade.'' 

=== Most crucial ===
''A clear trend <abbr>channel</abbr> line overshoot and in particular a second overshoot, which essentially makes it a typical [[PW]]. It is actually better if the wedge is more climactic than being a "weaker" wedge. By a "weaker" wedge, traders can feel a sense of lacking strength or urgency of both buying and selling. For e.g. on [[20230508]], the wedge 5-9-13 is a "weaker" form of wedge.'' 

=== Strengtheners ===
''The more strengtheners the higher probability of success.''
# '''''Strong reversal bar''' (with an average size), that isn’t overlapping with prior swing low, i.e. the 3rd or 4th push created a clear gap below the prior low, see the gap below 57L and 61H in figure 1.''
# '''''Strong entry bar''' (closed around its high), preferably larger than the reversal bar, for e.g. bar 62 in figure 1.'' 
# ''The <abbr>pullback (if any) after the entry bar</abbr> '''should not take out the <abbr>entry bar</abbr> by more than''' '''one tick'''.'' 
# ''One push move off the wedge <abbr>signal bar</abbr>, that takes out a prior swing point, indicating bulls ability to close the gap quickly, hence strong [[BP]].''
# ''Breakout test of the entry price of the reversal bar during the <abbr>[[W1P]](1st pullback after the Wedge).</abbr> In figure 1, the W1P happened at bar 67 but was bought quickly and never get close to bar 62 the entry bar.''

=== Weakeners ===

# ''Overshoot is small (a tick or two) and there is only one overshoot''
# ''There is an overshoot but it does not look like extreme behavior (W are extreme behaviors)''
# ''The reversal signal and entry bars are weak''

''The above signs of weakness may imply trend termination into trading range or simply a pullback<ref>[http://ninetrans.blogspot.com/2011/01/four-trades-off-nine-transitions.html ''http://ninetrans.blogspot.com/2011/01/four-trades-off-nine-transitions.html'']</ref>.''