If you read my trading plans in other posts..this month has been a good month.. but sometimes its better to NOT trade and just add on the dips. I went in and out many times. Took some shorts that stopped out. Fortunately i caught getting back in Long each time around where i jumped out. Usually not the case. This TA helped. any way Wyckoff ETH....
Calling 88K Again — Here’s Why I'm calling for 88K again, and there are multiple reasons behind this view — both technical and structural. One key perspective I like to focus on is the weekly chart. Typically, weekly candles tend to retrace to their 50% level, especially when there's a fair value gap involved. In this case, we have a weekly FVG candle whose...
We are seeing a textbook Wyckoff accumulation schematic here imo. The phases are pretty clear. i don't think i need to explain it. This type of setup usually indicates smart money loading up before a major move up. Lets see if this plays out. The spring has sprung and i think this is preparation for the markup phase. Wycoff was a pioneer in technical analysis...