I have been trading AUDUSD up and down throughout this Wyckoff setup, it's the first Wyckoff pattern I have worked with for several years. After moving to MEan Reversion, Elliott structures and COT data. Where I feel Wyckoff can really help, is all around the concept of the composite man theory. When market conditions are such, that retail are loaded up on net...
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
With bigger states having their larger companies re close because of a second Corona Virus wave, A good sign for our bears to continue would be breaking that 1.114 marker than finding them selves hungry to reach the 1.110 target. On the other hand if we do not break that 1.114 support and see a break past 1.120, there is potential the bears fight to bring her...