As my previous analysis of micron in terms of big picture
now i am focusing on the mark up phase, in which i am using the upsloping trading range as proposed by ProF Roman
According to David H Weiss (Trade About To Happen),
Upthrust (UA) in an upslopping/uptrending, is a precursor to a short term /temporary of downtrend
i initiated trade based on assumption that current price action in phase C, to be specific, Schematic type 2 (Accumulation)
entry, cut loss, and TP as mentioned
pure Wyckoff
now i am focusing on the mark up phase, in which i am using the upsloping trading range as proposed by ProF Roman
According to David H Weiss (Trade About To Happen),
Upthrust (UA) in an upslopping/uptrending, is a precursor to a short term /temporary of downtrend
i initiated trade based on assumption that current price action in phase C, to be specific, Schematic type 2 (Accumulation)
entry, cut loss, and TP as mentioned
pure Wyckoff
Trade active:
position added @ $82
Trade active:
still holding
Trade closed: target reached:
TP done
