After BO DTL line, currently moving in stage 1 (4 stages market cycle) or accumulation phase (Wyckoff theory).
As a swing trader, we shouldn't trade on this stage, as we don't know when it will change to stage 2 and moving up.
The only confirmation for stage 2 is when it breaks the resistance of 'box', and 200ema cloud is below the price.
#dyor #tayor
As a swing trader, we shouldn't trade on this stage, as we don't know when it will change to stage 2 and moving up.
The only confirmation for stage 2 is when it breaks the resistance of 'box', and 200ema cloud is below the price.
#dyor #tayor