E-MINI Russel 05 MARCH 2021 1443 hrsyou can see the accumulation off of the demand line,
Could mark up here. Looks like it left an accumulation range and is already attempting to M/U.
does not matter though... wait for it to come down and clear that supply zone. If you enter long here, you may be buying right into weakness.
Look for no supply signal on the 5/15.
What is a no supply signal?
Sources of education:
Richard Wyckoff
Tom Williams Volume spread analysis VSA/ Master the Markets
Pete Faders VSA*
Read the ticker dot com
Wyckoff analytics
Dee Nixon
Avoid buying into weakness/supply/resistance
Avoid selling into strength/demand/support
Avoid entry when price is in middle of a range (phase B)
When you set a target and wait for price to get there (proactive/decreased risk)
When you enter a trade when its already on its way to a target (reactive/increased risk)
