A method, an apparatus and a non-transitory computer-readable medium for encoding/decoding a video signal with a decoding apparatus, may comprise decoding a residual block of a current block from a bitstream, generating a first prediction sample of the current block, determining a weight prediction parameter set of the current block by using a predetermined reference region, the reference region being a region reconstructed before the current block and including a neighboring region spatially adjacent to the current block, generating a second prediction sample of the current block by applying the weight prediction parameter set to the first prediction sample, obtaining a prediction block of the current block based on the second prediction sample, and reconstructing the current block based on the prediction block of the current block and the residual block of the current block.