Lesson / WY-04-20
In continuous analysis, compare same-direction swings before opposing ones. Place the current decline beside the preceding decline and record size, duration, cumulative volume, bar overlap, closes, and time spent below an old low after breaking it. Greater net distance in less time, followed by less recovery, shows smoother downward movement. Expanding trading with shrinking net decline raises the possibility of stronger buying support; higher volume alone is not bearish.
Course content is for learning and research only. It is not investment advice.
Read the Chapter ↗Timestamps
7 lessons · Chapter contents
01The Analytical Task of Phase D↗02Sign of Weakness: SOW↗03Last Point of Supply: LPSY↗04Symmetric Comparison of Downward Progress and Rally Quality↗05Rallying Back After a Support Break and Regaining the Range↗06Monitoring the Trend in Phase E↗07Consolidations, Rallies, and Candidate Redistribution During a Decline↗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 Distribution Structure and Phase A
Phases B and C: Upthrusts, UTAD, and Demand Tests
