Lesson / WY-03-16
Jump Across the Creek (JAC) describes an upward crossing of the range's upper boundary or a major supply band. It is essentially an SOS at a key location. The 'creek' comes from a resistance line in older illustrations, but real highs rarely align at one price. Treat the area of repeated resistance, concentrated trading, and multiple declines as a supply band. Continually moving the boundary to make a particular candle count as a breakout destroys the JAC's comparison baseline.
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
