Wyckoff

LTF Redistributio?n, or Accumulation? - Volume and reaction to horizontal line will give us the answer.

Watching now very closely as IMO this could give us clues to a more Macro PA going forward.

Giao dịch đang hoạt động:

decision time
1; push to a local HH and mark-up - target 29-30k

however, current low volume would normally mean a failed drive (cant trust a low volume weekend PA)

2; failure and redistribution confirmed, markdown , targeting 25-25.5k

Giao dịch đang hoạt động:

Could just keep on pumping, but ideally would like a test of blue horizontal now.

Bình luận:

possibly a hard test of previous resistance turned support. reclaim and off it goes, or bearish test and we go alot lower.

position dependant on test (if it happens at all - LTF)