Accumulation ending?
Kinda seems like textbook Wyckoff Accumulation at this point. Nothing is guaranteed, but a markup phase should be just around the corner.
Also, Bollinger Band Width is extremely low, so there is definitely room for a lot of volatility - which could also be to the downside.
I'm bullish.
Also, Bollinger Band Width is extremely low, so there is definitely room for a lot of volatility - which could also be to the downside.
I'm bullish.
Related publications
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.