BCHUSD: Wyckoffian Reaccumulation (with Hypodermic Distribution)
Great study to show Distribution and (re)Accumulation with respective volume signatures.
Terms:
BC=Buying Climax
SC=Selling Climax
ST=Secondary Test
AR=Automatic Reaction
UT=Upthrust (distributive)
UA=Upthrust Action (accumulative)
PSY= Preliminary Supply
LPSY=Last Point of Supply
LPS= Last Point of Support
BU= Backup
mSOS= minor Show of Strength
MSOS= Major Show of Strength
CHoCH= Change of Character
Expect new highs
Terms:
BC=Buying Climax
SC=Selling Climax
ST=Secondary Test
AR=Automatic Reaction
UT=Upthrust (distributive)
UA=Upthrust Action (accumulative)
PSY= Preliminary Supply
LPSY=Last Point of Supply
LPS= Last Point of Support
BU= Backup
mSOS= minor Show of Strength
MSOS= Major Show of Strength
CHoCH= Change of Character
Expect new highs
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