O-R_MATT

O-R_MATT

Possible "Outcome Candle" on USDCAD H8 TF Looking for open candle entry @ 1.32980 Looking for 50% candle entry @ 1.33200 Long term target TP will be liquidity at 1.32000 (around 100 pips from entry) outcomereach.com

O-R_MATT

Based on various Smart Money Concepts taught at outcomereach.com, I see a possible sell coming for XAUUSD on the 4H TF.

O-R_MATT

We've finished distribution phase, as well as re-distribution phase into a corrective phase after downtrend. Expecting further downtrend before we reach Accumulation schematic and begin the slow process before an uptrend.

O-R_MATT

Although we are seeing a downtrend within the monthly timeframe of EU, we have not yet reached distribution phase of the Wycoff schematic for market phases. We have completed accumulation and are still in the mark up, but the monthly timeframe has been in a corrective trend to account for the mark up. we must still look for the uptrend before distribution phase.