Lesson / WY-06-27
Check the upward count from the prior accumulation or reaccumulation and whether current price has entered its original target zone. Reaching it means the potential result of the old upward cause has been substantially expressed; both continued holding and new shorts require fresh examination of demand and supply. The target zone is not itself a short trigger, and a strong trend can advance beyond it.
Course content is for learning and research only. It is not investment advice.
Read the Chapter ↗Timestamps
7 lessons · Chapter contents
01The Nine Tests Within the Five-Step Method↗02The Nine Buying Tests Explained↗03The Nine Selling Tests Explained↗04Charts and Information Required for Each Test↗05Recording Satisfied, Not Satisfied, and Not Yet Assessable↗06Classic Tests and This Course's Trading Conditions↗07Organizing Results into Primary and Alternative Scenarios and Waiting Conditions↗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.
No matching captions.