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Evaluation

SW Phase Count: Why price can continue after a 13

Price may continue after 13; a completed count does not require a reversal.

A practical guide to the independent Student Wyckoff Pro implementation. Text and translations were prepared with AI assistance from the current platform help. Explanations concern the named SW tools; a shared search term does not establish identity with other products. Exercises are chart observations.

Why price can continue after a 13

In this calculation a 13 appeared above price on 24 June 2024, when the bar closed at 447.67. Twelve subsequent bars later, on 11 July, the close was 454.70, above the original value. This is a specific example of why a completed count cannot automatically be treated as the start of a sustained decline.

Comparing those closes does not mean that there were no intervening pullbacks. One historical window also does not measure the indicator’s overall performance. It helps frame the right question: what did price actually confirm after the label?

Why price can continue after a 13
MSFT · daily · 20 May–26 July 2024 · the same preset. Circle 1 identifies the 24 June 13; circle 2 identifies the close twelve subsequent bars later. The circles are explanatory annotations.

A practical reading sequence

Start with the interval and price direction. Locate the most recent completed sequence and see how many bars have elapsed since it. Compare subsequent prices with nearby previous highs and lows. If the price risk reference is enabled, assess price against that reference under the selected preset.

Keep the calculated label separate from your own decision. SW Phase Count does not choose your acceptable loss, position size or execution time. The platform supports independent study of a loaded snapshot of completed bars.

A skipped number, deferred completion and cancellation are different states

A non-qualifying bar does not advance the second count, but does not cancel it by itself. Completion is deferred when a candidate for 13 passes the base test but fails an additional completion check. In the variant checking 13 against the eighth counted bar, “+” appears, the count remains at 12 and waits for a qualifying completion. The “+” mark is visible when its display is enabled.

Cancellation ends an unfinished branch under the selected variant’s rules, for example after a qualifying opposite sequence or a breached price condition. It differs from a pause between numbers. Keep the calculation variant and source history the same when comparing results; hiding numbers does not cancel the calculation.

Practice: check your understanding on one chart

Choose one 13 and a fixed number of subsequent closed bars to observe. Record whether extremes extended, a pause occurred or direction changed. Retain continuation as an observed outcome too.

What the completed observation should contain

Price may continue after 13; a completed count does not require a reversal.

Primary sources

Sources explain the mechanics and limitations; the editorial examples use invented numbers rather than market quotations.

Your next practical step

Open the linked help page, repeat the steps on one instrument, and record the symbol, timeframe, profile and observation date so that the result can be checked again.

Open the first-chart instructions ↗