E/N Monthly Bias
Monthly Bias is down. Notes on the chart. Excited to short this market :)
Increase of supply with decrease of price, characteristic of distribution. Price action is high volume upthrust - in a long term downtrend - at an area where aggressive selling took place.
Classic Wyckoff short. Will look for entry on lower time frames.
Increase of supply with decrease of price, characteristic of distribution. Price action is high volume upthrust - in a long term downtrend - at an area where aggressive selling took place.
Classic Wyckoff short. Will look for entry on lower time frames.
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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.