分類:WB-O

出自BPAX Lab

WB from the open. A reasonable buy if there is a reasonably strong bull reversal bar, for e.g. bar 14 on 20230508. What makes a this pattern special is because it is at the same time a ORV setup. Remember, 50% strong moves on the open reverses, a wedge, especially a PW, is a climactic price action behavior, when the context is right and there is a strong bull signal bar, it will be a reasonable swing buy setup.

After WBFO (actually any WB), expect at least 2 legs sideways to up[1], see example on 20230808, 20-24 is the 1st leg and 30-34 is the 2nd leg.

「WB-O」分類的頁面

此分類包含以下 12 個頁面,共 12 個。