As an avid aspiring technical analyst that devours any trading material, nothing captures my attention like the use of old concepts in a modern trading environment. As is the case with Wyckoff analysis and schematics. This is my very first attempt to label a potential schematic so feel free to correct any mistakes. The current approach is to wait for a schematic to complete, then wait for a retest of either the last candle of a test or the spring. Then go to an even lower time frame to spot the same accumulation playing out before a trade is considered. Lets see how it plays out.
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.