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Chapter 2 Question

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WladH

Post subject: Chapter 2 Question

Posted: Sat Nov 14, 2015 12:22 pm

Joined: Fri Nov 13, 2015 10:22 am
Posts: 12

Will V1 WRB HG qualify as WRB Zone

Considering that the contracting volatility between V2 and V1 retrace in to V2 bar range, but did not fill the WRB HG.
Thank you.

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wrbtrader

Post subject: Re: Chapter 2 Question

Posted: Mon Nov 23, 2015 4:57 am

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Joined: Sat Jan 10, 2009 2:06 pm
Posts: 4336
Location: Canada

WladH wrote:

Will V1 WRB HG qualify as WRB Zone

Considering that the contracting volatility between V2 and V1 retrace in to V2 bar range, but did not fill the WRB HG.
Thank you.

Hi,

Its ok for the contracting volatility to enter the range of the v2 interval. In contrast, the rule states it must not fill in that v2 range + v2 prior most recent three intervals. Thus, your chart is ok and the v1 is therefore a valid WRB Zone via all the other rules being qualified.

Regards,
M.A. Perry

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Board index » Price Action Trading Free Resources » WRB Analysis Tutorial Chapters 1, 2 and 3 Study Guide (Questions, Answers & DOKs)

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