{"id":57590,"date":"2022-08-27T08:00:37","date_gmt":"2022-08-27T12:00:37","guid":{"rendered":"https:\/\/www.ino.com\/blog\/?p=57590"},"modified":"2022-08-26T15:13:37","modified_gmt":"2022-08-26T19:13:37","slug":"the-excess-phase-peak-pattern","status":"publish","type":"post","link":"https:\/\/wwwtest.ino.com\/blog\/2022\/08\/the-excess-phase-peak-pattern\/","title":{"rendered":"The Excess Phase Peak Pattern"},"content":{"rendered":"

The Excess Phase Peak pattern is a very common transitional phase for the markets where psychology and economic trends shift over time. Global markets typically require periods of pause, reversion, or a reset\/revaluation event to wash away excesses. <\/p>\n

We\u2019ve seen these types of setups happen near the DOT COM and 2007-08 market peaks. What happens is traders are slow to catch onto the shifting phases of the Excess Phase Peak and sometimes get trapped thinking, \u201cthis is the bottom \u2013 time to buy.\u201d<\/p>\n

The reality is that as long as the individual phases of the Excess Phase Peak continue to validate (or confirm), then we should continue to expect the next phase to execute as well. In other words, unless the Excess Phase Peak pattern is invalidated somehow, it is very likely to continue to execute, resulting in an ultimate bottom in price many months from now.<\/p>\n

The 5-Phases Of The Excess Phase Peak Pattern<\/h3>\n

The Excess Phase Peak Pattern starts off in a very strong rally phase. This rally phase normally lasts well over 12 to 24 months and is usually driven by an extreme speculative phase in the markets.<\/p>\n

<\/div>\n

Once a price peak is reached and the markets roll downward by more than 7~10%, that\u2019s when we should start to apply the five unique phases of the Excess Phase Peak Pattern. If each subsequent phase validates after the peak, then the Excess Phase Peak Pattern is continuing. If any phase is invalidated, then the pattern has likely ended. <\/p>\n

For example, if we start by completing Phase #1 & #2, then the market rallies to a new all-time high \u2013 that would invalidate the Excess Phase Peak Pattern.<\/p>\n

Here are the Phases of the Excess Phase Peak Pattern:<\/p>\n

    \n
  1. The Excess Phase Rally Peak\n
  2. A breakdown from the Excess Phase Peak sets up a FLAG\/Pennant recovery phase.\n
  3. Sets up the Intermediate support level \u2013 the last line of defense for price.\n
  4. Price retests #3 support & breaches the support level \u2013 starting a new downtrend.\n
  5. The final breakdown of the price is below the Phase 4 support level. This usually starts a broad market selling phase to an ultimate bottom.\n<\/ol>\n

    <\/p>\n

    Now, let\u2019s take a look at the 2007-09 SPY market peak to see how these phases played out.<\/p>\n

    2007-2009 Excess Phase Peak Pattern<\/h3>\n

    Highlighted on the chart below, Phase #1 & #2 played out perfectly, with a lower high for Phase #2 and a Phase #3 breakdown. By the time Phase #2 broke downward, we should have been keenly aware of the potential for a Phase #3 support level to set up and extend.<\/p>\n

    Phase #3 can sometimes result in an upward-sloping support channel (like a Bear Flag), but in this case, it is validated as a horizontal support level. We could have used the May 2008 peak as a reversal\/breakdown trigger showing us an early Phase #3 change in trend. <\/p>\n

    Having said that, until the Phase #3 support level is breached \u2013 these could turn into false breakdowns.<\/p>\n

    Once Phase #3 support is breached, and we clearly start a deeper downward price trend (moving into the Phase #4 search for the ultimate bottom), traders need to stay very cautious of risks. Phase #3 is one of the most troubling and difficult phases to navigate. It always seems like a \u201cperfect new bottom in price\u201d \u2013 until Phase #4 hits.<\/p>\n

    Ultimately, a Phase #5 bottom sets up (the ultimate bottom), and this usually coincides with extreme selling pressures. Often, the US or foreign governments are involved in trying to contain global risks or address global corporate\/financial concerns. <\/p>\n

    We must wait for confirmation of a bottom before we can really take advantage of the lower price levels \u2013 but this can be accomplished using technical indicators and price theory.<\/p>\n

    \"US<\/a> <\/p>\n

    The Current 2022 Excess Phase Peak Pattern Setup<\/h3>\n

    On the chart below, I estimate we are in the midst of an early Phase #3 potential reversal setup. We\u2019ve already seen a very clear Phase #1 peak, a -13.80% downtrend setting up the Phase #2 bullish Flag\/Pennant trend. <\/p>\n

    Then we watch as the Phase #2 breakdown took place, resulting in another -21.60% price decline. Those lows set up the current Phase #3 base\/support level near $363.<\/p>\n

    I\u2019m cautiously watching the blue-dashed trend line as a potential early warning trigger for the Phase #3 bullish recovery cycle. Usually, within a Phase #3 recovery, after establishing critical support, the rally phase becomes very important to validate\/confirm the potential Phase #4 & #5 processes.<\/p>\n

    <\/div>\n

    If the Excess Phase Peak Pattern is going to invalidate at this point, the critical support level will stay unbroken, and a new upward price trend will be established from the Phase #3 support\/bottom. <\/p>\n

    So, this is when we need to watch very cautiously for any significant shift in central bank policies, foreign capital risks, shifting sentiment, or anything else that may provide the needed support for the markets to keep rallying higher. Otherwise, we should expect the Excess Phase Peak to continue unfolding.<\/p>\n

    \"US<\/a> <\/p>\n

    In Conclusion<\/h3>\n

    Traders and Investors should stay very cautious in this phase of the markets. Going \u201call-in\u201d with a bullish or bearish expectation right now can be very dangerous to your bottom line.<\/p>\n

    Learn why I rely on my proprietary CGS, BAN, and TTI strategies to assist in identifying opportunities in various market trends and how I use these to find opportunities to trade within the Excess Phase Peak Pattern. Volatility is still quite high, and there are opportunities for great trades if you understand risk factors.<\/p>\n

    Learn more by visiting The Technical Traders<\/a><\/strong>! <\/p>\n

    Chris Vermeulen
    \n    Technical Traders Ltd.<\/a><\/p>\n

    Disclosure: This article is the opinion of the contributor themselves. The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. This contributor is not receiving compensation for their opinion.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

    The Excess Phase Peak pattern is a very common transitional phase for the markets where psychology and economic trends shift over time. Global markets typically require periods of pause, reversion, or a reset\/revaluation event to wash away excesses. We\u2019ve seen these types of setups happen near the DOT COM and 2007-08 market peaks. What happens […]<\/p>\n","protected":false},"author":29,"featured_media":54356,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6920],"tags":[3438,31801,102,9517],"class_list":["post-57590","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ino-com-contributors","tag-chart-analysis","tag-excess-phase-peak-pattern","tag-technical-analysis","tag-technical-traders-ltd"],"yoast_head":"\nThe Excess Phase Peak Pattern - INO.com Trader's Blog<\/title>\n<meta name=\"description\" content=\"The Excess Phase Peak pattern is a very common transitional phase for the markets where psychology and economic trends shift over time.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ino.com\/blog\/2022\/08\/the-excess-phase-peak-pattern\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Excess Phase Peak Pattern - INO.com Trader's Blog\" \/>\n<meta property=\"og:description\" content=\"The Excess Phase Peak pattern is a very common transitional phase for the markets where psychology and economic trends shift over time.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ino.com\/blog\/2022\/08\/the-excess-phase-peak-pattern\/\" \/>\n<meta property=\"og:site_name\" content=\"INO.com Trader's Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/inocom\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-27T12:00:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-26T19:13:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2021\/03\/Blue-Stock-Chart.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Chris Vermeulen\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Chris Vermeulen\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ino.com\/blog\/2022\/08\/the-excess-phase-peak-pattern\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ino.com\/blog\/2022\/08\/the-excess-phase-peak-pattern\/\"},\"author\":{\"name\":\"Chris Vermeulen\",\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/person\/554a4ea7a1fceeb4afb11e932fffa0de\"},\"headline\":\"The Excess Phase Peak Pattern\",\"datePublished\":\"2022-08-27T12:00:37+00:00\",\"dateModified\":\"2022-08-26T19:13:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ino.com\/blog\/2022\/08\/the-excess-phase-peak-pattern\/\"},\"wordCount\":943,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.ino.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.ino.com\/blog\/2022\/08\/the-excess-phase-peak-pattern\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wwwtest.ino.com\/blog\/wp-content\/uploads\/2021\/03\/Blue-Stock-Chart.jpg\",\"keywords\":[\"chart analysis\",\"Excess Phase Peak Pattern\",\"technical analysis\",\"Technical Traders Ltd.\"],\"articleSection\":[\"INO.com Contributors\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ino.com\/blog\/2022\/08\/the-excess-phase-peak-pattern\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ino.com\/blog\/2022\/08\/the-excess-phase-peak-pattern\/\",\"url\":\"https:\/\/www.ino.com\/blog\/2022\/08\/the-excess-phase-peak-pattern\/\",\"name\":\"The Excess Phase Peak Pattern - INO.com Trader's Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.ino.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.ino.com\/blog\/2022\/08\/the-excess-phase-peak-pattern\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.ino.com\/blog\/2022\/08\/the-excess-phase-peak-pattern\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wwwtest.ino.com\/blog\/wp-content\/uploads\/2021\/03\/Blue-Stock-Chart.jpg\",\"datePublished\":\"2022-08-27T12:00:37+00:00\",\"dateModified\":\"2022-08-26T19:13:37+00:00\",\"description\":\"The Excess Phase Peak pattern is a very common transitional phase for the markets where psychology and economic trends shift over time.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ino.com\/blog\/2022\/08\/the-excess-phase-peak-pattern\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ino.com\/blog\/2022\/08\/the-excess-phase-peak-pattern\/#primaryimage\",\"url\":\"https:\/\/wwwtest.ino.com\/blog\/wp-content\/uploads\/2021\/03\/Blue-Stock-Chart.jpg\",\"contentUrl\":\"https:\/\/wwwtest.ino.com\/blog\/wp-content\/uploads\/2021\/03\/Blue-Stock-Chart.jpg\",\"width\":1200,\"height\":628},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ino.com\/blog\/#website\",\"url\":\"https:\/\/www.ino.com\/blog\/\",\"name\":\"INO.com Trader's Blog\",\"description\":\"Expert Charts, Trading Tips and Technical Analysis from INO.com\",\"publisher\":{\"@id\":\"https:\/\/www.ino.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ino.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.ino.com\/blog\/#organization\",\"name\":\"INO.com Trader's Blog\",\"url\":\"https:\/\/www.ino.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2018\/12\/inologo-400.jpg\",\"contentUrl\":\"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2018\/12\/inologo-400.jpg\",\"width\":400,\"height\":472,\"caption\":\"INO.com Trader's Blog\"},\"image\":{\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/inocom\/\",\"https:\/\/www.linkedin.com\/company-beta\/1056449\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/person\/554a4ea7a1fceeb4afb11e932fffa0de\",\"name\":\"Chris Vermeulen\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d11a0897ff10ab20ad0a5aca76a3cc43?s=96&d=identicon&r=pg\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d11a0897ff10ab20ad0a5aca76a3cc43?s=96&d=identicon&r=pg\",\"caption\":\"Chris Vermeulen\"},\"sameAs\":[\"https:\/\/www.thetechnicaltraders.com\/\"],\"url\":\"https:\/\/wwwtest.ino.com\/blog\/author\/chris-vermeulen\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"The Excess Phase Peak Pattern - INO.com Trader's Blog","description":"The Excess Phase Peak pattern is a very common transitional phase for the markets where psychology and economic trends shift over time.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ino.com\/blog\/2022\/08\/the-excess-phase-peak-pattern\/","og_locale":"en_US","og_type":"article","og_title":"The Excess Phase Peak Pattern - INO.com Trader's Blog","og_description":"The Excess Phase Peak pattern is a very common transitional phase for the markets where psychology and economic trends shift over time.","og_url":"https:\/\/www.ino.com\/blog\/2022\/08\/the-excess-phase-peak-pattern\/","og_site_name":"INO.com Trader's Blog","article_publisher":"https:\/\/www.facebook.com\/inocom\/","article_published_time":"2022-08-27T12:00:37+00:00","article_modified_time":"2022-08-26T19:13:37+00:00","og_image":[{"width":1200,"height":628,"url":"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2021\/03\/Blue-Stock-Chart.jpg","type":"image\/jpeg"}],"author":"Chris Vermeulen","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Chris Vermeulen","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ino.com\/blog\/2022\/08\/the-excess-phase-peak-pattern\/#article","isPartOf":{"@id":"https:\/\/www.ino.com\/blog\/2022\/08\/the-excess-phase-peak-pattern\/"},"author":{"name":"Chris Vermeulen","@id":"https:\/\/www.ino.com\/blog\/#\/schema\/person\/554a4ea7a1fceeb4afb11e932fffa0de"},"headline":"The Excess Phase Peak Pattern","datePublished":"2022-08-27T12:00:37+00:00","dateModified":"2022-08-26T19:13:37+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ino.com\/blog\/2022\/08\/the-excess-phase-peak-pattern\/"},"wordCount":943,"commentCount":0,"publisher":{"@id":"https:\/\/www.ino.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.ino.com\/blog\/2022\/08\/the-excess-phase-peak-pattern\/#primaryimage"},"thumbnailUrl":"https:\/\/wwwtest.ino.com\/blog\/wp-content\/uploads\/2021\/03\/Blue-Stock-Chart.jpg","keywords":["chart analysis","Excess Phase Peak Pattern","technical analysis","Technical Traders Ltd."],"articleSection":["INO.com Contributors"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ino.com\/blog\/2022\/08\/the-excess-phase-peak-pattern\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ino.com\/blog\/2022\/08\/the-excess-phase-peak-pattern\/","url":"https:\/\/www.ino.com\/blog\/2022\/08\/the-excess-phase-peak-pattern\/","name":"The Excess Phase Peak Pattern - INO.com Trader's Blog","isPartOf":{"@id":"https:\/\/www.ino.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ino.com\/blog\/2022\/08\/the-excess-phase-peak-pattern\/#primaryimage"},"image":{"@id":"https:\/\/www.ino.com\/blog\/2022\/08\/the-excess-phase-peak-pattern\/#primaryimage"},"thumbnailUrl":"https:\/\/wwwtest.ino.com\/blog\/wp-content\/uploads\/2021\/03\/Blue-Stock-Chart.jpg","datePublished":"2022-08-27T12:00:37+00:00","dateModified":"2022-08-26T19:13:37+00:00","description":"The Excess Phase Peak pattern is a very common transitional phase for the markets where psychology and economic trends shift over time.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ino.com\/blog\/2022\/08\/the-excess-phase-peak-pattern\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ino.com\/blog\/2022\/08\/the-excess-phase-peak-pattern\/#primaryimage","url":"https:\/\/wwwtest.ino.com\/blog\/wp-content\/uploads\/2021\/03\/Blue-Stock-Chart.jpg","contentUrl":"https:\/\/wwwtest.ino.com\/blog\/wp-content\/uploads\/2021\/03\/Blue-Stock-Chart.jpg","width":1200,"height":628},{"@type":"WebSite","@id":"https:\/\/www.ino.com\/blog\/#website","url":"https:\/\/www.ino.com\/blog\/","name":"INO.com Trader's Blog","description":"Expert Charts, Trading Tips and Technical Analysis from INO.com","publisher":{"@id":"https:\/\/www.ino.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ino.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.ino.com\/blog\/#organization","name":"INO.com Trader's Blog","url":"https:\/\/www.ino.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ino.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2018\/12\/inologo-400.jpg","contentUrl":"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2018\/12\/inologo-400.jpg","width":400,"height":472,"caption":"INO.com Trader's Blog"},"image":{"@id":"https:\/\/www.ino.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/inocom\/","https:\/\/www.linkedin.com\/company-beta\/1056449\/"]},{"@type":"Person","@id":"https:\/\/www.ino.com\/blog\/#\/schema\/person\/554a4ea7a1fceeb4afb11e932fffa0de","name":"Chris Vermeulen","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ino.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/d11a0897ff10ab20ad0a5aca76a3cc43?s=96&d=identicon&r=pg","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d11a0897ff10ab20ad0a5aca76a3cc43?s=96&d=identicon&r=pg","caption":"Chris Vermeulen"},"sameAs":["https:\/\/www.thetechnicaltraders.com\/"],"url":"https:\/\/wwwtest.ino.com\/blog\/author\/chris-vermeulen\/"}]}},"_links":{"self":[{"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/posts\/57590"}],"collection":[{"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/comments?post=57590"}],"version-history":[{"count":0,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/posts\/57590\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/media\/54356"}],"wp:attachment":[{"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/media?parent=57590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/categories?post=57590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/tags?post=57590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}