Tracking a Wyckoff Re-accumulation Pattern, Beautiful so far, if the pattern plays out we are looking at around a 25%+ jump back to all time highs and beyond, Stochastic RSI is nicely reset and oversold, The Recent liquidity sweep/capitulation a typical Wyckoff "Spring", bouncing nicely in the Fair value gap below the consolidation, Will keep tracking this, There is short term risk to the neckline of the massive head and shoulder on the macro weekly however long term bullish and a retest of the neckline would be a completely normal move before the bullish momentum continues. Happy Trading, Let me know what you think, Is it a Wycoff reaccumulation for Big Players to enter the market? Whales and smart money gona shake an rattle the little fish, Dont fear, Hodl Baby! Hodl!!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.