Recognized accumulation pattern
A - decreasing volume on lows
B - decreasing volume on lows
The lows in pattern B did not break the lows from A. This indicates that the market is strong and well controlled by large operators. In the lows of pattern B, the last one on the lowest volume [7] forms a very large, bullish engulfing candle.
C - the largest buying wave not only in the entire accumulation pattern but also the largest since the beginning of the decline - showing strength, breaking out of the range on very high volume.
The recent 4h candles on the chart are testing the breakout.
It seems that the pattern is set up for an upward move.
I'm providing two targets...
Indicators used: Wyckoff Wave Chart
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VolumeDayTrader
A - decreasing volume on lows
B - decreasing volume on lows
The lows in pattern B did not break the lows from A. This indicates that the market is strong and well controlled by large operators. In the lows of pattern B, the last one on the lowest volume [7] forms a very large, bullish engulfing candle.
C - the largest buying wave not only in the entire accumulation pattern but also the largest since the beginning of the decline - showing strength, breaking out of the range on very high volume.
The recent 4h candles on the chart are testing the breakout.
It seems that the pattern is set up for an upward move.
I'm providing two targets...
Indicators used: Wyckoff Wave Chart
What do you think about this chart?
Follow us for updates!
VolumeDayTrader
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👉👉 Get Wyckoff Wave Chart Indicators
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✳️ Free Signals & Technical Charts: t.me/volumedaytrader
support@volumedaytrader.com
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
👉👉 Get Free US Stock Market PTA Signals
👉👉 Get Wyckoff Wave Chart Indicators
🌎 Free materials 👉👉 volumedaytrader.com
✳️ Free Signals & Technical Charts: t.me/volumedaytrader
support@volumedaytrader.com
👉👉 Get Wyckoff Wave Chart Indicators
🌎 Free materials 👉👉 volumedaytrader.com
✳️ Free Signals & Technical Charts: t.me/volumedaytrader
support@volumedaytrader.com
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
