Wanted to share this to those in need of understanding.
The Bullish momentum took less effort than bearish momentum. Price created a whole base on the 2H from the rally,base,rally (re accum) it formed. Will be watching for a LTF accum schematic to play out once price land near entries in due time.
It's been showing me signs of reaccumulation for a week now, so i can say we can just wait to see what price do .
I see the redistribution schematic clearly. Market structure is bearish, buying momentum took longer than the selling momentum which is another indication for me. Would wait for a LPSY(retracement ) to form before selling impulsively down while also clearing out the liquidity at the bottom.
It look like its forming a possible ReAcc schematic. I expect a sell off to either the FVG or Demand Zone before we see GU taking off, its also ReAcc on the timeframes higher than the 4H.
Price forming a rang and its looking like accumulation schematic according to Wyckoff. Higher Low was made right by the demand zone.
I see a possibility of EU buying to my area of interest to sell, to finish the Monthly Distribution Schematic.
Distribution Schematic forming to me on Spx500.
Distribution Schematic forming to me on Spx500.
I spotted Accumulation on the larger time frame playing out according to Wyckoff. The market is entering the phase B zone before the spring. To clear the liquidity to far left by SC before shooting up out of the top of Trading Range.
Just waiting to see how it play out along with the schematic.
I see opportunity for long positions soon . Good accumulation schematic forming , if everything play out right then it will confirm we are in phase D which will be the mark up. According to wckoff.
Thinking its reacc on the higher timeframe, first time checking this pair out.
t look like it just did it spring to clear EQL . And starting its Phase C according to wycoff.
Its been in a downtrend for the past week. And its formed a hypodermic top according to Wyckoff Patterns. Would love to see a retracement to the upside before it keep selling.
I see a good wyckoff re accumulation schematic forming.
We just waiting to see an successful test to finish our phase C, where an HL should be created.
To me it look like a good Re accumulation schematic playing out. Just waiting on a test.