Master
Context
A break below support returns inside the range briefly, but the follow-through does not show clean demand or reduced supply.
Illustrative campaign snapshot 26: the structure is synthetic and designed only to isolate the evidence sequence for failed spring.
Evidence to read
- the spring attempt cannot create distance from support
- up bars show effort but limited result
- price revisits the low too quickly and pressure returns
Expert read
A failed spring warns that sellers may still be in control and that the range may be transitioning into markdown.
Alternative interpretation
It may be a complex test if the second drive down shows clearly lower volume and strong rejection.
Confirmation required
- sellers fail on the retest and price closes back above the midpoint
- volume dries up near the low
- demand appears after the retest
Invalidation signs
- new low on expanded spread and weak close
- multiple weak rallies from support
- loss of the range with acceptance below support
Common traps
holding a bullish bias after invalidation
ignoring the quality of the rally after the spring
treating temporary rejection as confirmation
Source frame
Wyckoff/VSA educational frame: background first, effort versus result second, confirmation third, risk and invalidation always explicit.