Here is an idea, phase B is the longest phase on wyckoff logic.. btc needs to build a cause and effect, the time frame is quite large. lets see what happens in future.
Phase B is the longest phase to build cause and effect. Too early to tell time and price will tell.
LINK on weekly TD (9) sell set up, interested to see how this UT action will end
very possible scenario, to claim breakout range as support
- Month was on td 9 perfected sell set up, week on imperfected buy set up ,what it meant to me, next possible rebound at @ 46 but this stock can easily test the low range at PRZ 38.50
This type of pattern appears on the troughs, it is a bullish reversal pattern. The break in the resistance line definitively validates the pattern. The price objective is determined by the highest point at which the descending broadening wedge was formed. NB: often, the steeper the descending broadening wedge’s trend lines, the faster the price objective is...
After seeing 100k calls from CT, here is very possible scenario based on wyckoff logic, market phases. Numbers are ETA