Lesson / WY-03-17
A new range during an advance first indicates temporary balance. It may be reaccumulation, distribution, or an intermediate pause before a large pullback. The preceding advance supplies only a reaccumulation context. Direction still depends on how the new range evolves and which side price ultimately leaves.
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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