easy · Volume Spread Analysis wyckoff-phases-schematics

A beginner is learning the VSA term “Wyckoff Phase E.”

Which description best defines “Wyckoff Phase E” in this curriculum?

  1. the phase in which price is operating outside the old trading range in a developing markup or markdown
  2. early evidence that buying is beginning to slow a prior decline, before a complete accumulation case is established
  3. a weak rally within a suspected distribution structure where demand appears insufficient to sustain higher prices
  4. the phase in which evidence of demand or supply dominance becomes clearer through signs of strength or weakness

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