PYR textbook Wyckoff accumulation which has almost completed. Entering Phase D and now waiting on the SOS(sign of strength) to take price above the $5.5 range up to $7.
Possibility to retest the high $3 range before continuation after confirmation. If you haven't accumulated PYR that would be a good entry, otherwise wait for the LPS(Last point of support) and BU(back up) phase for confirmation.
Confirmed break out can take price up to the $15-$20 range in the coming months.
https://y4p4e3d2.rocketcdn.me/wp-content/uploads/2018/01/wyckoff-aacumulation-phases.png
Possibility to retest the high $3 range before continuation after confirmation. If you haven't accumulated PYR that would be a good entry, otherwise wait for the LPS(Last point of support) and BU(back up) phase for confirmation.
Confirmed break out can take price up to the $15-$20 range in the coming months.
https://y4p4e3d2.rocketcdn.me/wp-content/uploads/2018/01/wyckoff-aacumulation-phases.png
Bình luận:
