In distribution, a push above range resistance that fails and returns inside. The UTAD is the late-range version in Phase C, the mirror of a spring.
How traders use it: Watched as a possible trap of late buyers before markdown, usually with a sign of weakness needed as confirmation.
Common mistake: Shorting a breakout before it has actually failed back into the range.
Related: Deviation · Wyckoff distribution · Spring (Wyckoff)
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Concepts only. Education only, not financial advice. No pattern on this site has a published win rate.