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Category:W1P
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=== 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.''
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