Lesson / WY-03-16
To compare SOS and its pullback, first identify where the advance began, which local resistance levels it crossed, its total net gain, where trading concentrated, and whether bars mostly closed high. Then examine how much of the gain the pullback erases, whether bars repeatedly overlap, whether low prices persist, and when buyers lift price again.
Course content is for learning and research only. It is not investment advice.
Read the Chapter ↗Timestamps
7 lessons · Chapter contents
01How Phase D Builds on the Earlier Structure↗02Sign of Strength: SOS↗03Last Point of Support: LPS↗04Comparing the Strong Advance and Pullback↗05Jump Across the Creek and the Breakout Retest↗06Internal Strength Versus Actual Departure↗07Multiple LPSs, Deep Retests, and No 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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The Accumulation Structure and Phase A
Phase B: Tracking Supply and Demand Within the Range
