The chart in basic tutorial chapter 2 involving the bullish swing point definition #1 has been updated because a small group of users have been comparing the close of the KME interval to the "most recent" prior Down WRB Hidden GAP interval. Thus, they believe in error that the chart is incorrect.
Reality, they should be comparing the close of the KME interval to ANY of the prior Down WRB Hidden GAP intervals in the "most recent" downtrend to determine if the close of the KME interval is BELOW the close of ANY of the Down WRB Hidden GAP intervals. Thus, please update your version of the WRB Analysis free study guide or you can wait for the release of the new version.
------------------
Bullish Swing Point - The key market event interval (first WRB Hidden GAP) is an Up WRB Hidden GAP interval and it must have its price close below the close price of ANY prior Down WRB Hidden GAP from within the most recent downtrend even though it may not be the same prior Down WRB Hidden GAP that gets filled by the price action after the key market event interval (first WRB Hidden GAP) or the key market event interval (first WRB Hidden GAP) is an Up WRB Hidden GAP interval and it must have its price close below the range (highest high to lowest low) of ANY prior three consecutive declining same direction intervals.
Note: The chart below, you’ll see there are three Down WRB Hidden GAP intervals in the most recent downtrend prior to the KME interval. To be specific, the KME interval closed below the close of the Down WRB Hidden GAP intervals 1 and 2.
Attachment:
Tutorial-Chapter-2-Bullish-Swing-Point-Definition-1.png [ 81.61 KiB | Viewed 464 times ]