Based on Wyckoff's schematic, this is the accumulation phase after markdown. We identify SC and AR. Now it is just away from the ST level...
The new trading range is still developing.
However, this is the possible developing channel
The new trading range is still developing.
However, this is the possible developing channel
Note
Monitor mid channel + RbS for entryNote
Bearish divergence.
Price overshoot from the prediction channel.
Choose another possible channel with good angle.
Note
Retracement entry opportunities?
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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.
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.