Although we are seeing a downtrend within the monthly timeframe of EU, we have not yet reached distribution phase of the Wycoff schematic for market phases.
We have completed accumulation and are still in the mark up, but the monthly timeframe has been in a corrective trend to account for the mark up.
we must still look for the uptrend before distribution phase.
We have completed accumulation and are still in the mark up, but the monthly timeframe has been in a corrective trend to account for the mark up.
we must still look for the uptrend before distribution phase.