EOSLong
Eos- wyckoff accumualtion
The last point of support in formation
the ichi moku system depicts a resistance picture at play, but along with a potential break of resistance, considering the impending TK cross and the macd in a favourable cross for a breakout of the kumo clouds..
with wyckoff accumulation acting behind, a fresh motive wave is impending...
trade management wise, Ideally, risk averse traders would wait for that buec formation to happen and ichimoku system to depict a breakout picture and then take positions..
Disclaimer.. not an investing/trading recommendation
the ichi moku system depicts a resistance picture at play, but along with a potential break of resistance, considering the impending TK cross and the macd in a favourable cross for a breakout of the kumo clouds..
with wyckoff accumulation acting behind, a fresh motive wave is impending...
trade management wise, Ideally, risk averse traders would wait for that buec formation to happen and ichimoku system to depict a breakout picture and then take positions..
Disclaimer.. not an investing/trading recommendation
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.