Lesson / WY-03-17
Phase E means price has left the original trading range and continues rising above it. A breakout establishes only that, at that moment, quotes and trading at the former upper boundary could no longer stop the advance. Existing participants can subsequently replace orders, and new participants can enter. Every advance into a previously less-traded area creates fresh choices: holders may take profits, new sellers may consider price excessive, and buyers must accept higher offers. The trend continues only if subsequent buy orders keep executing at new prices and retain a substantial part of the gains when selling pushes back. Analysis therefore shifts from anticipating the breakout direction to tracking each advance, pullback, renewed advance, and new local structure. The original range remains a more distant support and failure reference.
Course content is for learning and research only. It is not investment advice.
Read the Chapter ↗Timestamps
7 lessons · Chapter contents
01From Range Analysis to Trend Analysis↗02Advances, Pullbacks, and Support in an Uptrend↗03New Trading Ranges Within a Trend↗04Reentering the Original Range After a Breakout↗05SOS Without Follow-Through and Failed LPS↗06Failed Accumulation Versus a Single Stopped-Out Trade↗07Moving From Bullish to Neutral or Another Explanation↗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
