A wick below support looks like a buy. Why the better trade comes two steps later — and what waiting costs you. This free lesson covers: Two candles at the same low, Which one held?, A rejection is not a buy yet, Name it, Where most traders blow it, Work it out, Instead: wait for the pullback, Work it out, The catch, Put it together.
Going deeper
This lesson is the long form of the "Which one means BUY?" Reel. Its chart is illustrative, and the reward-to-risk figures are recomputed from the prices stated in the steps rather than taken from live trades.
The shift is the same change of character taught in Market Structure. The only new idea here is sequencing: rejection, then shift, then pullback — with the entry at the end rather than the beginning.
Toward the level that was broken — the old lower high, or the zone the shift launched from. A shallow pullback that never reaches it is usually a skip rather than a reason to enter higher.
Not here. The rules are defined precisely enough to test, and the Backtesting lesson in this module shows how we would do it.
Strategy Playbook · Learn · Step 1 of 10
Price falls into a support level twice. Candle A closes below it. Candle B trades below it too, but closes back above.
They reached the same low. What matters is where they finished: A says sellers held the level, B says buyers took it back before the close.