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Forum for price action traders that want to learn WRB Analysis basic tutorial chapters 1, 2 and 3 prior to purchasing our advance trade methods. Hashtags: #wrbanalysis #wrbzone #wrbhiddengap #priceaction #trading
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 Post subject: DOK chapter3
PostPosted: Fri Aug 07, 2015 11:38 am 
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Joined: Mon Aug 03, 2015 12:21 am
Posts: 8
Chart explanation : This chart shows that a prior WRB Hidden GAP is filled in a few intervals after c1, so it confirm the Bullish Swing Point def#1
Since I use Bullish Engulfing as a pattern signal ( the body of c1 cover the body or c2 ) and C1 is WRB interval
I will create WRB S/R Zone based on "Range" definition that the WRB S/R Zone will cover high and low of 4 intervals ( c1,c2,c3,c4)
Next, we see price movement form another Bullish Engulfing in the WRB S/R Zone, so we can take a long position
and set WRB pt1 at the close of WRB interval ( Close > Open )


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