JamesDavey

JamesDavey Updated 

Bullish orderflow and structure, expecting price to reach 40k not expecting price to come back below 34898.5 -Advanced GBP q/q will provide volatility today which should act as a catalyst to move price bullish Fractal 15m accumulation Target:

JamesDavey

US30 has completed a weekly re-accumulation Wyckoff Schematic, Below is an image that showcases a very similar schematic from SPX during the mid-1960s to 1980s. SPX: US30 Now: As you can see in this example there was a significant retracement after the BU before the price continued bullish again. This may happen again here, but is not necessary If this...

JamesDavey

Distribution on EURGBP

JamesDavey

Wyckoffian logic can be successfully applied on any timeframe if it aligns with the overall narrative of price - In this case Microsoft on a Monthly chart. Microsoft was at a 10 year low, dropping from an all-time high of 60 to 15, but still fundamentally a strong company. Allowing the composite operator to buy orders at a discount price before engineering price...