Wide Spread 7 WS7
Definition of 'Wide Spread 7 WS7'
If a price bar's Range is wider than the previous 6 bars' ranges (measured independently) it is said to have the widest range in 7 days or WS7. The opposite of WS7 is NR7. WS, WS4, and WS5 are also closely watched price patterns.
This is a Toby Crabel price pattern.
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