HoratiuBogdan

Wyckoff Logic Supply and Demand

Long
OANDA:AUDJPY   Australian Dollar / Japanese Yen
AUDJPY
Technical analysis
Cause, re-accumulation, equilibrium sequence between demand and supply between quotas , supply zone 94.529 & 92.578 demand zone .
Demand greater than Supply !
Implications, bullish!
Pattern Rally base Rally !

Effect generated by approx
250pips.

SL 92.915
Entry , Buy! 94.110
TP 96.641
⭕ = circle
⏹ = square
🔺️ = triangle
Unit = ⭕ market
Polarity = 🔺️demand & 🔻supply
Equilibrium = ⏹ range ("the ratio between supply and demand is =")


Accumulation with the 5 phases and the 9 events!
1. Phase A- Stopping the previous trend
2. Phase B- Construction of the cause
3. Phase C- Competition assessment
4. Phase D- Beginning of trend movements
5. Phase E- Confirmation of direction
An accumulation interval is a lateral movement of the price preceded by a downward movement on which an absorption maneuver is performed by large traders in order to accumulate stock in order to sell it at higher prices in the future and make a profit from the difference.


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