*Not Financial Advice!!!!*
Hello fellow Traders,
This is just an idea, I'm not an expert on the subject of Wyckoff Schematic.
BUT..........
-
Please do comment and give me advice, always looking to improve my trading.
Cheers
Hello fellow Traders,
This is just an idea, I'm not an expert on the subject of Wyckoff Schematic.
BUT..........
-
- We are in a demand zone at the moment. And on the global .50 Fib level. For Wyckoff Distribution this would be the perfect ''SOW''
- What makes me even more bullish is the fact we have printed a huge Head & Shoulders, which makes everyone very bearish and sell in this area (below the neckline), while institutions absorb all those sells and proceed to move price up.
- Below us we have the .618 sitting right below where most of the volume from the entire move is. If my first entry is wrong, this will be my second entry.
Please do comment and give me advice, always looking to improve my trading.
Cheers
Disclaimer
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.
Disclaimer
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.