OIL WYCKOFF PHASE

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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.

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