EDU-Series 101 | Candles & Ranges cont

where price is in relation to the range will determine what type of label we will name the levels in that range.
When price is below a distribution range, we call the first candle a Break Level. When price reaches this break level it will be acting as resistance holding price down. When Price breaks over it, the distribution cycle has ended and Accumulation ranges will need to created, otherwise, price will fail its accumulation trend and distribute more.

Price below distribution range:
1st candle = distribution cycle start, break level.
last candle = Shield. Price needs to get above this candle if it wants to try to test the break level. If price gains this level, it shields it from distribution further.... since price gains this level and gets above it... we need to re-label it.

Price above distribution range:
1st candle = this is the Back-side of the range, Backside Hold level, (BS for short)
last candle = This is the front-side of the range, Frontside hold level, (FS for short)

The same is true for accumulation ranges but we add the label "inverted" to it since its the same as distribution but inverted...