A few days ago, I identified the different market phases through this company's graph: uptrend, distribution and downtrend, which could imply that the market is right now within the accumulation phase.
This phase is characterized by the price of these shares being lateral and, when this phase ends, a new trend will begin. Therefore, I consider that keeping an eye...
In my experience in the markets, all price action follows 3 main market phases as below:
1) Consolidation: price ranges between two levels and consolidates between that area.
2) Expansion: Price action breaks out of the consolidation with high volatility making rapid impulsive and corrective waves.
3) Trend: The price action finally follows and market has a fixed...
Daily Restest After Contraction phase on NZD looks like buyers exhaustion to possible swing low it will cause price to move down so the US dollar can gain power and continue up
For timeframes m5. Detailed levels for buy / sell. On the screenshot below 🠗🠗🠗
ibb.co
Hi everyone. My analysis done for my main timeframe m5. I start from higher timeframes D1, H1 and move down to lowest m5.
Futures contract for Brent crude , London exchange ICE 12-20
My trading is based on market phases by Wyckoff.
