Not enough price action has played out just yet & as I've mentioned it's been a long time since I have traded wyckoff so I am rusty!
I want to keep track of what may form
I want to keep track of what may form
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shall see....
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What that looks like on the wyckoff chart..
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just Closed the sell now entering buy
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Im anticipating that sellers are being induced.
We are still floating around the old external low that was taken 2weeks ago, just ranging & it would tie in wiith the wyckoff accumulation schematic.. this could be the spring.
But its only monday & what do I know! its just a theory!!
We are still floating around the old external low that was taken 2weeks ago, just ranging & it would tie in wiith the wyckoff accumulation schematic.. this could be the spring.
But its only monday & what do I know! its just a theory!!
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Stopped out of buy.
Will wait for more price action.
But This is what I mean by the inducement lining up with the Wyckoff..
Will wait for more price action.
But This is what I mean by the inducement lining up with the Wyckoff..
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Ideally would like to see a W formation to react on tomorrow!!
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Tuesday (next day)
W formation.
My only concern is all the data releases this week, If sellers are being induced (and this is not just lower prices on top of already low prices) we should see price kept low untill these releases.. just my expectations, thats why its just better to let the market do its thing and react!
But today we had W formation as mentioned yesterday this is the ideal entry I wanted to react on, the profile is looking like it could be:
Asia Range >> London Manipulation (W) >> NY Continuation (up)
Just my theory, nobody knows what will happen!
W formation.
But today we had W formation as mentioned yesterday this is the ideal entry I wanted to react on, the profile is looking like it could be:
Asia Range >> London Manipulation (W) >> NY Continuation (up)
Just my theory, nobody knows what will happen!