Wyckoff never fails
Distribution in AUDCAD.
During the night we had the upthrust after distribution with a pretty high volume and then the Sign of weakness with higher volumes that confirm the bearish impulse.
We had two opportunities to enter:
1) after the utad with a tight stop (risky entry)
2) after the last point of supply a few mnutes ago ( safer but with a lowest R/R ratio.
Never stop exploring!
Drago Investments.
During the night we had the upthrust after distribution with a pretty high volume and then the Sign of weakness with higher volumes that confirm the bearish impulse.
We had two opportunities to enter:
1) after the utad with a tight stop (risky entry)
2) after the last point of supply a few mnutes ago ( safer but with a lowest R/R ratio.
Never stop exploring!
Drago Investments.
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