Lost the move that made the high. Price came back to test. Expect price to go lower now.
Hi guys, I think that S&P 500 is about to make a move to the downside. This move will be the Secondary Test of the structure on the Daily timeframe. Daily Chart The preliminary support always fails. The first reaction of the the Preliminary Support led to the Selling Climax. After the climax we want to see an Automatic reaction. Now we want to see a...
Hi guys, I think USD CAD is in the last fase of Distribution and is about to break out. I analyze and trade the markets with the Wyckoff method and price action. Most people that trade Wyckoff are doing it wrong. They try to copy the accumulation and distribution charts/graph from the internet to their own charts. But that's not how it works. People need...
Hi guys, This is my first time sharing an idea on Tradingview. I analyze and trade the markets with the Wyckoff method and price action. I think oil is accumulating because fase A of the Wyckoff method just completed. In fase A we want to see a change of character in trend. In this case (long) it consists of a Preliminary Support, Selling climax, Automatic...