AUDNZD - Effort vs Result Wyckoff Concept explained - Long
Every chart has a story to say and this is the story of this one:
Enjoy!
Learn to Read and trade any market
- Hit Support
- First Huge Buying wave
- Going Back to Support
- Abnormal Speed Index Numbers= HTMD(Hard to Move Down) (Effort vs Result concept) this is where the big guys are absorbing all the sell orders with buy orders.
- Finally the last fake moves down with Low Speed Index = Fast Fake
- ....and up we go!
Enjoy!
Learn to Read and trade any market
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