Euro / Japanese Yen
Short
Updated

Distribution schematic of Wyckoff's phases on the EURJPY

126
price is already showing signs of weakness and gearing up to move to phase E

glossary of terms

AR Automatic rally or reaction
BC Buying Climax
LPS Last point of Support (Demand)
LPSY Last point of Supply
PSY Preliminary supply
SOW sign of weakness
ST Secondary test
UTAD Up thrust after distribution
SC Selling Climax
UT Up thrust
Trade active
Trade closed: stop reached

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