The AlgoBox™ One Tick Wonder is a pattern strategy where price surpasses a previous high or low by one tick, and then immediately reverses, potentially trapping new participants at that new high or low.
An example of a bullish One Tick Wonder price pattern.
Since the One Tick Wonder is price pattern, it should be analyzed in conjunction with other AlgoBox™ indicators and strategies for more confluence, such as SMLK Timing Lines, Harmonic Patterns, FibElliDotts etc.
One Tick Wonder price pattern also applies to the downside as seen above.
