Hi all,
I've updated the wyckoff schematics with more details and adjusted the levels. We have just had the secondary test in phase B. I'm expecting the upthrust event to happen early next week when the Previous Weeks Value Low (pwVAL) is hit. This level is the exact level we crashed from 52k!
My goal with this trade is to take profit at the upthrust and buy...
Hello traders!
In my last post as I told you I am expecting Wyckoff's distribution pattern so when the market reached BC(buying Climax) it was a clear sell because the market dropped after making M reversal pattern, according to Wyckoff's theory that was the Automatic Reaction AR after that market formed bullish engulfing at 16500 and the engulfing pattern is...
Hello traders! Hope you are enjoying pips this month. First i need some support so HIT the like button, i will keep you update with great stuff.
After Huge drop USDCAD is now Forming Wyckoff's accumulation pattern. Currently it has formed head and shoulder pattern that is another confirmation for sell. This sell will break the SC area. It need a secondary...
After BTCUSD reached the selling climax(SC@3850$) it moved upward which is the automatic rally(AR) of the market which happens all the time after selling pressure. Now, this wave is about to make a secondary test(ST) to balance supply and demand. After ST we can see uprise to break the AR level. Then it will be ready to fall to break the bottom in corrective...
