I just stumbled across this research that analyzes a decade of data on Wyckoff Spring and Upthrust patterns. The author calls it the “2B Pattern” but it’s basically the same thing under a different name.
For those interested in trading patterns, here’s the link: https://thepatternsite.com/2B.html
Curious if any of you have used these patterns successfully in your trading? The data seems pretty comprehensive.
- The Wyckoff Spring and Upthrust was originally coined over 100 years about by Richard D. Wyckoff.
- The 2B Pattern was coined by Victor Sperandeo’s (aka Trader Vic)
- Adam Grimes refers to the pattern as The Failure Test
- This pattern has also been coined as a Bottoming Tail (bulish) Topping Tail (Bearish).
submitted by /u/WolfofChappaqua to r/CrudeOil
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