OR - Opening Reversal, A reversal after a trend move attempt in the first hour. For example, price is likely to go 2 points above a breakout bar thats 2 points long. A 1:1 move expected due to certain price action. L1,fL1,L2 - Inverse of H1,fH1,H2 in an up move. H2 - Second time a bar ticks above previous bar in a down move after the H1 and fH1. H1 - The first time a bar ticks above the high of a previous bar in a down move. Three or more horizontal bars with at least one being a doji. Price pulls back often back inside the price action barrier that was broken.īW - Barb wire. Price has moved beyond a price action barrier such as swing high, ema, trendline, etc.īP - Breakout pullback. ![]() ![]() If its too far from the ema it may not qualify to be an A2.īO - Breakout. A second failed attempt to reverse the trend and therefore a continuation signal. ![]() Also see OR.Ī2 - A second attempt to reverse a pullback move near the ema. 1PB - The first pullback in a day or the first pullback after 1Rev.ġRev - The first reversal of the day.
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