Other important explanations have been included with this video regarding the benefits of familiarizing ourselves with Wyckoff Method to have an idea of WHERE we are within a schematic and to use our indicators to assist us with each trade from one event to the next event in each phase of the schematic.
Other pointers were given on trailing stops and amount of capital to use in each phase of trading.
Enjoy....
Please take a moment to click the like button and Happy Trading.
David
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Bitcoin History From 2011 to Present Day Using Wyckoff Method:
2012 Accumulation Schematic With Description of each Phase:
2015 Accumulation Schematic With Description of each Phase:
2019 Accumulation Schematic (EXAMPLE): You can use the "Description" of each Phase from the two previous Accumulation Schematics.
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Simply adding this video publication to this particular publication. You probably already seen this. Posting it here for those who haven't yet.
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If we have indeed seen our selling climax, automatic rally and currently working on Second Test in Phase A before flowing into Phase B with a Simple Rally; then this is our current outlook:
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That "outlook: (above) assumes we are in Phase A, B and C of accumulation for an entire year. It could last only 6 months or even 3 months (like 2012) then flow into Phase D.
GREAT Overview of EVERYTHING - Past, Present and The Future! I will make a note of this idea/topic and follow it in the next year or two - as a good guideline what is to be expected of this market.
Appreciate the kind remarks, the follow and your support.
Cheers Mate,
David
nakov
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@ProwdClown, thanks David, your kind words are also appreciated.
Could you take a minute to check out my new comment in your other topic? It is important.