Lesson / WY-03-16
An internal SOS shows relative demand improvement but has not resolved upper-boundary supply. It may begin near the lower boundary or at a higher internal LPS. Focus on whether the current upswing produces greater net displacement than earlier advances, crosses the middle faster, and clears several local highs. Even if all are strong, price still faces selling that repeatedly halted advances at the upper boundary. Internal SOS therefore first proves demand can drive price toward the opposite side, not that price has left the range.
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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