sdtrader121
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trendanalysis
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in wyckoff theory and view in weakly time and daily time frame is in accumulation mode.
1
engulfed high .move towards price from engulfed surface to FOZ zoon leg1 complete .leg2 78 % fibo level and return to foz zoon . best position patient to price reach foz zoon and tp is engulfed surface.
1
I prefer price reach to foz zoon and enter to position .and no offer to my friend to take position.
0
engulf barrier represent price tend to reverse fro foz zoon leg 1 complete and leg 2 start to comform.
2
price go to FOZ zoon abd return to engulfed surface before abandon the foz zoon take decesion or true(fresh) demand line
2
because high in weekly engulfed the price move to engulfed surface
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