OUST:The Market Cycle in Action:Markdown → Accumulation → MarkupOuster, Inc.BATS:OUSTibraheeemzOUST is a textbook example of how the Market Cycle unfolds. 📉 1. Markdown The first phase was a prolonged decline where sellers remained in control. Lower highs and lower lows defined the trend until downside momentum gradually faded. 📦 2. Accumulation Instead of immediately reversing, price spent nearly three years moving sideways inside a low-volatility range. 🔹 Notice how volume remained relatively muted throughout this phase. 💡 This is where patient buyers quietly accumulate positions while weak hands gradually exit the market. Although it is often the least exciting phase, history shows this is where many of the biggest long-term opportunities begin. 🚀 3. Breakout Eventually, demand overwhelmed supply. 📈 Price broke above the accumulation range with expanding volume, confirming a major shift in market structure and signaling the beginning of a new uptrend. 📐 4. Bullish Continuation Rather than moving vertically forever, OUST formed a bullish continuation falling wedge. ✅ This healthy consolidation allowed momentum to reset before buyers regained control, producing the first meaningful Higher High (HH). 🔄 5. Trend Expansion After setting a new Higher High near 63, the stock is now pulling back to establish what could become a Higher Low (HL) near 30 through a weekly breakout retest. This is a normal characteristic of healthy trends. Markets rarely move in straight lines. Instead, they advance through a repeating sequence: HH (Higher High) → HL (Higher Low) As long as that structure remains intact, the primary trend continues to favor the bulls. 📊 What Happens Next?" This pullback doesn't necessarily signal weakness—it may simply be the market building its next base. 🛡️ If buyers continue defending the current Higher Low near 30, the first objective becomes a retest of the previous weekly high near 63 (roughly a 100% move from the current support area). 🚀 A breakout above that level would confirm another Higher High and suggest the Markup phase is still unfolding. ❌ Invalidation A decisive weekly close below the current Higher Low would weaken the bullish market structure and delay the trend expansion thesis. 🧠 Key Takeaway Don't just study patterns—study where those patterns appear within the Market Cycle. A falling wedge during a long-term downtrend carries a very different probability than one that forms after accumulation and during an established uptrend. Understanding the sequence: 📉 Markdown → 📦 Accumulation → 🚀 Markup provides context that individual candlestick patterns alone cannot. ⚠️ Disclaimer: This analysis is for educational purposes only and reflects my interpretation of price action and market structure—not financial advice. Always do your own research and manage risk accordingly.