dee718

YM1! E-mini Dow Jones 27 OCT 2021 1515hrs

Long
CBOT_MINI:YM1!   E-mini Dow Jones ($5) Futures
Look for a similar pattern to compare the current pattern to.

Just remember that accumulation can take various forms. But the principles do not change.

Buy low/sell high.

Think "W" formations for longs
Think "M" formations for shorts

If price is in an uptrend, look for re-accumulation

If price is in a downtrend, look for re-distribution

I think i have over 1000 charts posted on here. If these are no help you can and should learn on your own. All teh material yo need to enhance your understanding of this can be found here (free sources):

Sources of education:
Richard Wyckoff
Tom Williams Volume spread analysis VSA/ Master the Markets
Pete Faders VSA*
Sam Seiden (supply and demand)
Read the ticker dot com
Wyckoff analytics
PsychFX
MentFX
Element 15 trades (bitchute/odessy)

Avoid buying into weakness/supply/resistance
Avoid selling into strength/demand/support
Avoid entry when price is in middle of a range (phase B)
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