EURUSD has been on a downtrend on the weekly timeframe, however, at the close of last week, it tapped into a weekly demand zone. Is this going to.be it's reversal point?? I don't know, but scaling down to the 30 minutes timeframe, it seems to be a WYCKOFF accumulation phase going on. I might be wrong, knowing how subjective the WYCKOFF schematic seems to be, however, if the market plays out just as I have mappes out, I am sure hitting that buy button
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.