EURGBP is forming a Wyckoff distribution pattern. Potential aggressive short entry from here, with 1:6 RRR to the support zone, and 1:11 to the first demand zone after confirmed breakout of the Wyckoff pattern. Fantastic RRR means even if I get stopped a couple of times on the lower timeframes, and nail 1 good entry, the profit still will be substantial. Let...
It looks like Bitcoin is forming a Wyckoff distribution formation, immediately after an accumulation formation, and located just around the bearish trend line. Does that mean we are going to retest the lower levels before breaking out of the falling wedge on the daily? Potential short-term Short opportunity, to the support Zone with 1:4 Risk to Reward? Please...