GBPUSD ACCUMULATION LONG IDEA
PT5 IS 4.75 RR
BASED OFF OF WYCKOFF ACCUMULATION SCHEMATIC #2
medium.com/@ColdBloodShill/wyckoff-101-part-3-accumulation-2deef3335a4f
NOTE: SCHEMATIC #1 CAN STILL PLAY OUT WITH A SPRING THAT BREAKS LOWS OF ST(B), THIS WOULD PROVIDE OPTIMAL ENTRY POINTS WITH A TIGHTER STOP
PT5 IS 4.75 RR
BASED OFF OF WYCKOFF ACCUMULATION SCHEMATIC #2
medium.com/@ColdBloodShill/wyckoff-101-part-3-accumulation-2deef3335a4f
NOTE: SCHEMATIC #1 CAN STILL PLAY OUT WITH A SPRING THAT BREAKS LOWS OF ST(B), THIS WOULD PROVIDE OPTIMAL ENTRY POINTS WITH A TIGHTER STOP
Note
BREAK TRADING RANGE AND RETEST FOR A TIGTHER S/L UNDER LPSTrade closed: stop reached
I ended up getting stopped out and reopened longs around 1.41Note
going for 1.414 as tp
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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.