OIL WYCKOFF PHASE

45
Phase A – Stopping the Downtrend

SC (Selling Climax): Heavy selling pressure absorbed by strong hands.

AR (Automatic Rally): First sign of demand entering the market.

ST (Secondary Test): Price revisits the lower range to confirm support.

Phase B – Building a Cause

Market continues ranging within support and resistance.

ST Phase B represents testing and liquidity grabs within the range.

Purpose: to absorb remaining supply and trap impatient sellers.

Phase C – Spring (Manipulation)

Price dips into the lower accumulation zone to trap breakout sellers.

Strong rejection signals institutional buying and start of accumulation completion.

Phase D – Markup Initiation

LPS (Last Point of Support): Higher low formed after the spring.

SOS (Sign of Strength): Price breaks above resistance with increased momentum.

Market structure shifts to bullish, confirming accumulation completion.

Phase E – Trend Continuation (Projection)

Expecting price to retest the breakout level before continuation toward higher liquidity pools.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.