Current Price range is showing characteristics of Wyckoff Accumulation (see link below for more information).
Wyckoff Accumulation: school.stockcharts.com/doku.php?id=market_analysis:the_wyckoff_method
The question is, are we forming our cycle bottom accumulation trading range or building a price fractal prepping for one more push down to our blue line key levels below?
Currently tracking this formation for validation / invalidation....
Wyckoff Accumulation: school.stockcharts.com/doku.php?id=market_analysis:the_wyckoff_method
The question is, are we forming our cycle bottom accumulation trading range or building a price fractal prepping for one more push down to our blue line key levels below?
Currently tracking this formation for validation / invalidation....
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.