Wide Spread 4 WS4
WS4 is Wide Spread 4
If a price bar's Range is wider than the previous 3 bars' ranges (measured independently) it is said to have the widest range in 4 days or WS4. The opposite of WS4 is NR4. WS, WS5, and WS7 are also closely watched price patterns.
This is a Toby Crabel price pattern.