LINK.USDT (Y21.P1.E4).Wychoff re-accumulation structure
Updated
Hi there traders,
I'm seeing many different variations to this structure lately and I feel I'm becoming familiar with these as time passes on.
Another strategy in my repertoire, and I'm working on it to have a list of items that gives ticks to the strategy. Eg, 13/50 ema cross over before a break of a trend line.
Note how the RSI supports this upwards move on the 1 hr with a hidden bullish divergence.
Here is ADA prior to its breakout and its similarities, ADA being more bullish.
I wont go into the details, just highlighting it fits one of the Wychoff reaccumulation strategies.
All the best,
S.SAri.
Looking at the daily,
LINK left, ADA right
I'm seeing many different variations to this structure lately and I feel I'm becoming familiar with these as time passes on.
Another strategy in my repertoire, and I'm working on it to have a list of items that gives ticks to the strategy. Eg, 13/50 ema cross over before a break of a trend line.
Note how the RSI supports this upwards move on the 1 hr with a hidden bullish divergence.
Here is ADA prior to its breakout and its similarities, ADA being more bullish.
I wont go into the details, just highlighting it fits one of the Wychoff reaccumulation strategies.
All the best,
S.SAri.
Looking at the daily,
LINK left, ADA right
Trade closed: target reached
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This community has signals now but with no risk management comms.
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This community has signals now but with no risk management comms.
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