In accumulation, a drop below the range support that quickly reverses back inside, shaking out late sellers and triggering stops. It is the Wyckoff name for a deviation below the range.
How traders use it: Traders often wait for a "test" of the spring (a higher low on lighter activity) rather than buying the spring itself.
Common mistake: Assuming the drop below support is a spring before price has reclaimed the range.
Related: Deviation · Wyckoff accumulation · Liquidity sweep
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Concepts only. Education only, not financial advice. No pattern on this site has a published win rate.