As plotted, This looks like Typical Re-Accmulation (Rising Bottom, Schematic #2)
What interesting to me, is that the incoming supply is reducing and evaporating as evidence by vol @ 29/7/24 (Black Arrow)
-As mentioned by David weiss : Probably this is The Contraction
Thus i humbly initiated my position as attahced
Pure Wyckoff, Anything can happen
What interesting to me, is that the incoming supply is reducing and evaporating as evidence by vol @ 29/7/24 (Black Arrow)
-As mentioned by David weiss : Probably this is The Contraction
Thus i humbly initiated my position as attahced
Pure Wyckoff, Anything can happen
Trade active
added position @ 0.915Trade closed: target reached
profit bookedTrade active
re-entry @ 1.07 today @ 9.10amCut loss 1.01
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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.