Accumulation
Tyler
Accumulation schematic #1
Abbreviations:
- PS — preliminary support
- SC — selling climax
- AR — automatic rally
- ST — secondary test
- ST B — secondary test in phase b
- SPRING — shakeout of the trading range
- LPS — last point of support
- SOS — sign of strength
- BU — back up
Understanding the abbreviation is good to know but not necessary, interpretation and understanding of the trading range and using previously learnt techniques is what's fundamentally important.
Accumulation example #1
Understanding the knowledge