A Spring is a false break below the support of an accumulation range that quickly reverses back inside. It shakes out sellers and traps breakout shorts before the markup begins.
How traders use it
- It traps breakout sellers at the lows.
- A strong recovery back into the range confirms it.
- One of the highest-probability Wyckoff entries.
See it in dtcharts
Track accumulation and distribution ranges on any chart in the dtcharts terminal with the drawing tools.