Definition
In Wyckoff's framework, an upthrust is a failed breakout: price pokes above the range's ceiling, finds little demand and falls back inside. It is the mirror image of a spring.
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A brief move above resistance at the end of a distribution range that quickly reverses.
In Wyckoff's framework, an upthrust is a failed breakout: price pokes above the range's ceiling, finds little demand and falls back inside. It is the mirror image of a spring.
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