Sunday 03072022
WYCKOFF VIEW:
Looks like maybe an accumulation schematic forming.
1. wait to see if the SC and STB are sprung
2. look for price action to break AR creating LPS's = then bullish
3. If the internal structure created from spring, breaking the AR is broken by a retracement, then this could prove to be a redistribution and price action can continue to the downside = bearish
WYCKOFF VIEW:
Looks like maybe an accumulation schematic forming.
1. wait to see if the SC and STB are sprung
2. look for price action to break AR creating LPS's = then bullish
3. If the internal structure created from spring, breaking the AR is broken by a retracement, then this could prove to be a redistribution and price action can continue to the downside = bearish
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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.