WAIT and reset
Conditions that keep the trader out or require a fresh read.
Return Wait when:
- the 1-2-3 is unclear
- price repeatedly crosses the moving averages without forming one coherent base
- Step 2 is only a run of same-direction candles with no consolidation
- higher and lower timeframe momentum materially conflict
- the pullback destroys the active move
- the candidate candle is unfinished
- the candidate is an inside bar
- the prior extreme offers poor room
- the move is already extended
- news, open volatility, liquidity, or contract size makes the structural stop unacceptable
- the trader reached the daily trade or loss limit
- two consecutive initial PTBs failed inside the active sequence
Reset the read when structure fails or a clearer current structure takes control. Do not use a numerical PTB expiry that the source does not teach.