Simple:
Broke a major resistance level - excellent location for a Wyckoff Up-Thrust
Price pulled back and the next up waves has a very high Speed Index of 27.9 which could mean price having a hard time to move up.
To confirm we did to break the blue line downwards to enter short
This is David's Weis quote "Trade is About to Happen" and book
Broke a major resistance level - excellent location for a Wyckoff Up-Thrust
Price pulled back and the next up waves has a very high Speed Index of 27.9 which could mean price having a hard time to move up.
To confirm we did to break the blue line downwards to enter short
This is David's Weis quote "Trade is About to Happen" and book
Note
Wyckoff Up-Thrust played out and down we go!
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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.