Potential manipulation before mark up phase and mark up trend following
According Wyckoff it appears we have Accumulation Schematic 1 forming. Equal lows where liquidity was resting have already been taken out. Which is where the Spring occurred. So now we just anticipate for the test. A pullback down before price just takes off.
We are in a bearish MS overall on the higher time frames. And market just broke Market Bullish Market Structure so we can expect an retracement to the recent high. Before price continue selling. So I spotted Accumulation Schematic 1 on the 3 min Timeframe for possible entry.
Hi Traders and welcome to another video update! Today I shared with you my thought process in following the price action using the Wyckoff Method For your information, the Indices that I use can easily be looked up: DEFI PERPETUALS , MID PERPETUALS and so on Let me know what markets you'd like reviewed next in the comments section below, And like always,...
NASDAQ:KNDI July 31, 2020 - KNDI Review - Wyckoff Chart Reading
Yesterday S&P 500 formed a narrow range with lower volume, suggested lack of supply in the market. A break above 3160 could see S&P 500 to test 3180 followed by 3230. Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 19 Jun 2020 trading session. In this video, I am going to show you the market recap on the...
EURGBP shows bearish momentum on monthly, weekly and daily charts.