Lesson / WY-03-15
Accumulation can occur without a Spring; supply testing can take place entirely inside the range. Late Phase B pullbacks may successively shorten, lows rise, and trading activity diminish. Demand then clears local resistance and challenges the upper boundary. This development likewise shows sellers struggling to depress price and buyers beginning to move it upward.
Course content is for learning and research only. It is not investment advice.
Read the Chapter ↗Timestamps
8 lessons · Chapter contents
01What Phase C Tests↗02A Spring's Location and Basic Behavior↗03The Break, Recovery, Volume, and Close↗04Springs and Shakeouts↗05The Test After a Spring↗06Accumulation Without a Spring↗07A Candidate Spring Versus a Sustained Breakdown↗08Handling Insufficient Follow-Through↗Observe the market: start with context and place price within its structure.
Understand structure: compare supply and demand, and let evidence support or revise your hypothesis.
Form a view: define risk limits and know when to reassess.
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