—
—
—
—
—
—
| Level | Price | Type | Note |
|---|
—
—
The idea: a 5-minute candle with an unusually long wick marks a level where price was rejected hard. When price later trades back through the tip of that wick (a sweep), the market tends to reverse. This section tests that on every 5-minute candle and keeps adding to the record each morning.
The bar is how often a sweep reversed 2× ATR before running 2× ATR further. The black tick is the same rate for ordinary swing points, so a bar that ends past the tick is doing better than normal. Faded rows have under 20 sweeps, too few to trust.
Bars: share of each week's sweeps that reversed 2× ATR. Line: the running total since the record began. Dashed: ordinary swing points. As more weeks are added the line settles and tells you whether the edge is real.
Levels from the last three days that price has not traded back through. These are where the next sweeps would happen.
| Level | Type | Wick size | Formed (UK) | From price |
|---|
The dotted line is the wick's tip, the grey dot marks the big-wick candle and the arrow the candle that swept it. Each chart runs two hours past the sweep.
| Swept (UK) | Setup | Level | Wick | Back over in 15 min | Result | Bounce | Ran through |
|---|
Data from your TradingView chart (). Technical analysis only, not financial advice.