The following VAs listed in the chart (left to right):
1. VA of current calendar year
2. VA of Wyckoff Distribution Top
3. VA of potential accumulation zone
4. VA of current and potential distribution zone
BTC is following a similar (granted smaller and faster) top pattern to the 2020 bull run and subsequent Wyckoff Distribution between 42K and 60K.
Buyers...
Another Forex Trading Snack!
The EUR has been trapped inside of a multi year wedge pattern ( indicated by the blue trend lines ) but once it broke out of this pattern it’s bias in my opinion is to the long side. Also recently the DXY index has formed a wedge like shorter term pattern and the exact inverse pattern of the DXY is the gray trend lines indicated on...
So I often see setups of past moves repeated in smaller timeframes. A lot of people might think a small timeframe trade setup needs eyeball attention thus your time applied to charts and screen time. True or not, it’s a traders choice.
Besides patterns just jump out at you at times, so, trade what the market gives you... is what I say.
On lower portion of this...
