Wyckoff schematic redistribution
Been a long time since I have traded using wyckoff so I may be abit rusty & this could actually be an accumulation instead. If it plays out then fine.
Not on chart:
Daily fractal low BSL taken
4h/Daily FVG's played into
Draw on SSL
Been a long time since I have traded using wyckoff so I may be abit rusty & this could actually be an accumulation instead. If it plays out then fine.
Not on chart:
Daily fractal low BSL taken
4h/Daily FVG's played into
Draw on SSL
Note
something to consider...a W formation could happen after going below previous week low.
can go X amount of pips.. either a sweep or quite low to induce more sellers.
If the W formation happens this could be the beginning of a bullish run
Note
DXYfilling volume imbalance..
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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.