WYCKOFF ACCUMULATION
Everything was going fine, but so much supply volume was too unexpected, and the absorption of supply by the Composite operators is yet to occur, I expect there will be a slow , low volume "Creek" which will be engineered to test the supply levels in the bottom of the trading range, it can be the immediate previous low test as i have marked, or low of the Secondary test or even the Selling Climax low...
Will be interesting to note the supply volumes there on this expected dip...
The lesser the better, and the faster will be the phase C and D transition from Current Phase B of Accumulation, to the Ultimate MArkup..
Disclaimer.. Not an investing/trading recommendation
Everything was going fine, but so much supply volume was too unexpected, and the absorption of supply by the Composite operators is yet to occur, I expect there will be a slow , low volume "Creek" which will be engineered to test the supply levels in the bottom of the trading range, it can be the immediate previous low test as i have marked, or low of the Secondary test or even the Selling Climax low...
Will be interesting to note the supply volumes there on this expected dip...
The lesser the better, and the faster will be the phase C and D transition from Current Phase B of Accumulation, to the Ultimate MArkup..
Disclaimer.. Not an investing/trading recommendation
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this is why the idea failed, i had respect for the operators here... i have lost that respect now.... they dont play fare, this is the worst kind of operator... most follow at least fair game... and respect the retail... but not this.. this is a tyrant all together... yes they, all trap the retail, but this si another level.. they should have created a dump for the shorts to close n then automatic reaction would start a upmove, but no, they decided to crush us....
Btc is a different beast after all....
Now the point is to find out, if this is a true mark up potential move? of a sos, to test a BUEC?