sdtrader121

sdtrader121

in wyckoff theory and view in weakly time and daily time frame is in accumulation mode.

sdtrader121

eur/gbp. brek the line and price enter demand zone

sdtrader121

engulfed high .move towards price from engulfed surface to FOZ zoon leg1 complete .leg2 78 % fibo level and return to foz zoon . best position patient to price reach foz zoon and tp is engulfed surface.

sdtrader121

I prefer price reach to foz zoon and enter to position .and no offer to my friend to take position.

sdtrader121

engulf barrier represent price tend to reverse fro foz zoon leg 1 complete and leg 2 start to comform.

sdtrader121

price go to FOZ zoon abd return to engulfed surface before abandon the foz zoon take decesion or true(fresh) demand line

sdtrader121

because high in weekly engulfed the price move to engulfed surface