wyckoff phases

Wyckoff phases: Five labels, A to E, for the stages of a Wyckoff trading range: stopping the prior trend, building cause, testing, confirmation, and trending out.

Phase A stops the trend; B builds cause; C tests (spring or upthrust); D shows the dominant side taking control; E leaves the range.

related

Spring · Sign of strength (SOS) · Trading range

Part of the glossary. See also the Wyckoff method.