What is Upthrust?
"In the case of a bullish shock, the Wyckoff methodology calls it"Upthrust". This is a sudden upward movement which breaks the resistancelevel of the range and with which large traders are used to carry out a triplefunction: Reach the stops loss of those traders who were well positioned onthe short side; induce in buy to ill-informed traders who think in thecontinuation of the bullish movement; and profit from such movement."Wychoff Methodology in Depth
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