EURUSD : Wyckoff
Another of my favorite is Wyckoff. This is useful when the price is at the extreme, waiting for PIVOT.
If we look at this carefully, together with the volume, we can see Buyer slowly gaining the upper hand.
Buyer managed to breach the resistance once but Seller tried to challenge. Now price is above resistance again, do you think Seller will mount another challenge? If your answer is NO, then WHY?
Good luck.
If we look at this carefully, together with the volume, we can see Buyer slowly gaining the upper hand.
Buyer managed to breach the resistance once but Seller tried to challenge. Now price is above resistance again, do you think Seller will mount another challenge? If your answer is NO, then WHY?
Good luck.
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