forked from animatedread/Warrior_EA
8 lines
874 B
Markdown
8 lines
874 B
Markdown
## The Accumulation Process (Part 4, Ch.12)
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The accumulation process is the systematic absorption of supply by well-informed traders at progressively higher support levels within the range. Key characteristics:
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- **Declining volume** throughout Phase B — professionals have acquired most of the available supply; fewer contracts remain to be absorbed.
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- **Higher lows** during tests — each test of the support zone makes a slightly higher low, indicating that sellers are unable to push price as low as before.
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- **Creek defense:** Professional traders place limit orders at the upper boundary (Creek) to keep the range contained and prevent premature breakout.
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- **Final test before markup:** The Spring (if it occurs) is the professional's final opportunity to verify the path of resistance upwards is clear. After a successful Spring and test, the markup is ready.
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