My previous two "bear flag" ideas were invalidated. This is a Jump the Creek situation. Shown here is a zoom in to the 30 minute time frame of the part that I thought was a bear flag.
Bellow is some info in layman's terms of the Wyckoff Reaccuumulation Trading phases also known as "Jump Across the Creek"
----------------------- Please Hit the Rocket if You Like This......------------------
Think of a market like a tug-of-war between buyers and sellers. Sometimes, after a big uptrend, the market takes a "break" to recharge before heading higher again. This “resting” period is called reaccumulation — it's like a pit stop in a race.
Imagine price action moving through a messy sideways area — picture a creek with lots of rocks and water making it hard to cross.
In this phase, the market has been struggling to get above a certain price zone (the "creek") — there are little rallies and dips, but no clear breakout.
Then, suddenly, the price "jumps across" this resistance zone with a strong move upward — like a bold leap across the creek.
This jump typically: ✅ Comes with strong volume (showing conviction from big buyers)
✅ Breaks above the previous highs in the consolidation zone
✅ Signals the beginning of a real uptrend — the reaccumulation is ending, and the next bullish phase is beginning
🧠 Think of it Like This:
The market’s been jogging in place, building strength.
“The creek” = a resistance zone keeping price trapped.
“Jump Across the Creek” = price finally gathering strength to leap out of the mud and start sprinting again.
📈 Traders Look for:
A breakout with higher volume
Pullbacks that don’t break down — these often retest the “creek” area before moving higher
Bellow is some info in layman's terms of the Wyckoff Reaccuumulation Trading phases also known as "Jump Across the Creek"
----------------------- Please Hit the Rocket if You Like This......------------------
Think of a market like a tug-of-war between buyers and sellers. Sometimes, after a big uptrend, the market takes a "break" to recharge before heading higher again. This “resting” period is called reaccumulation — it's like a pit stop in a race.
Imagine price action moving through a messy sideways area — picture a creek with lots of rocks and water making it hard to cross.
In this phase, the market has been struggling to get above a certain price zone (the "creek") — there are little rallies and dips, but no clear breakout.
Then, suddenly, the price "jumps across" this resistance zone with a strong move upward — like a bold leap across the creek.
This jump typically: ✅ Comes with strong volume (showing conviction from big buyers)
✅ Breaks above the previous highs in the consolidation zone
✅ Signals the beginning of a real uptrend — the reaccumulation is ending, and the next bullish phase is beginning
🧠 Think of it Like This:
The market’s been jogging in place, building strength.
“The creek” = a resistance zone keeping price trapped.
“Jump Across the Creek” = price finally gathering strength to leap out of the mud and start sprinting again.
📈 Traders Look for:
A breakout with higher volume
Pullbacks that don’t break down — these often retest the “creek” area before moving higher
Trade active
This Jump The creek scenario is playing out nicely.Hit the Rocket Please if you like this post!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.