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FibonacciTheGreat
Dec 24, 2021 9:23 AM

MOMENT OF TRUTH | WYCKOFFIAN LOGIC Short

Bitcoin / DollarBitfinex

Description

As you can see, we are once again testing the resistance these days.
Exactly as the wyckoffian scheme shows us. But make no mistake.
51.5K means no breakout, and the model is now broken.
From 55k on multiple timeframes a confirmation I consider as invalidation level for this Wyckoffian scheme.

So the moment of truth.
Are we going to follow this schedule as we have been doing since May, or are we going to bounce up and move on to a new distribution phase.

I'm curious!
Let me know what you think about this!

Regardsss

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Comments
ElizabethMae
spring to the top wont invalidate the wyckoff schematic. do you even know what you are doing?
FibonacciTheGreat
@dranzel_karl_martinez haha lol. Wyckoffian schematics are a rough path. Did you ever worked with wyckoff or what😂
ElizabethMae
@FibonacciTheGreat, you see the spring in the top then it goes down. that will happen now. dont say it will get invalidated. LOL
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