What Is a WOF Shooting?
A WOF shooting is a trading setup where price breaks out of a range, retests the breakout level, and then moves sharply in the breakout direction. Traders watch for this sequence to confirm momentum and reduce false breakout risk.
How a WOF Shooting Pattern Works
First, price consolidates in a clear range. A strong candle breaks the range, followed by a retest of the broken level. If price holds above the retest and pushes higher, the pattern is considered valid. Traders use this to time entries with defined risk.
Using WOF Shooting in Trading Decisions
Traders apply WOF shooting to identify high-probability entries after a breakout retest. They combine it with volume and trend analysis to improve accuracy. For more on breakout trading strategies, see Investopedia.
