Hi
Possible Wyckofff Reaccumulation phase in this counter
A - a major support turned resistant line
1 -Preliminary Supply
2 - Buying Climax
3- Automatic Reaction
4 - Spring on light volume
Up move from 4 to 5 - minor Sign Of Strength /Jumping Across Creek
6 - No Supply bar
From 2 to 5 , volumes had decreased which may indicate gradual accumulation by Smart Money
The rally from 4 to 5 was associated with increasing volume , followed by reducing volumes during the reaction from 5 to 6.
I'm looking forward for price to rally again up till the upper line B. If price manage to rally and close above B in strong increasing volume , it may indicate major Sign of Strength and price may mark up further.
Trade at your own risk.
Possible Wyckofff Reaccumulation phase in this counter
A - a major support turned resistant line
1 -Preliminary Supply
2 - Buying Climax
3- Automatic Reaction
4 - Spring on light volume
Up move from 4 to 5 - minor Sign Of Strength /Jumping Across Creek
6 - No Supply bar
From 2 to 5 , volumes had decreased which may indicate gradual accumulation by Smart Money
The rally from 4 to 5 was associated with increasing volume , followed by reducing volumes during the reaction from 5 to 6.
I'm looking forward for price to rally again up till the upper line B. If price manage to rally and close above B in strong increasing volume , it may indicate major Sign of Strength and price may mark up further.
Trade at your own risk.
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.
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.