A Spring is one of the most profitable trades is in the opposite direction to a failed breakout off a sideways consolidation or accumulation area. The term Spring comes from a Wyckoff method and generally uses volume as a filter. We will define the Spring pattern without volume for our purposes here.
The move out of the consolidation area tends to be very sharp and short. This is a powerful tool with low risk. Ensure you combine this method with exposure stop rules (you can learn more about stops in Building a Profitable Trading Plan Using Technical Analysis)