Wyckoff Accumulation pattern
appears to have formed
after the Spring ... it theoretically should have a strong move breaking previous resistance ... where it should stall
Before gathering new energy for the move to the key number of $100
appears to have formed
after the Spring ... it theoretically should have a strong move breaking previous resistance ... where it should stall
Before gathering new energy for the move to the key number of $100
Trade active:
Beautiful weekly candle
engulfing previous week
and taking out candles from June ...excellent
The move to $40 could be quick...
engulfing previous week
and taking out candles from June ...excellent
The move to $40 could be quick...
Trade active:
well done to all who played
will it trigger?
will it perform?
The log target is mid 40's
Thats a long way back down form $128
But would be a great are to get back in
as a Resistance / Support flip
these volatile "assets"
still need to be treated as HIGHLY speculative instruments
(bitcoin included)
Have a plan
trade to the plan