thelastbull

Nifty futures 15 min chart Wyckoff Re-Accumulation Structure

Long
NSE:NIFTY1!   S&P CNX NIFTY INDEX FUTURES
Multiple bullish signs clearly evident in the chart

- The structure of Higher Highs and Higher Lows
- Price Volume Analysis showing clear bullish volumes (volume increase on up move and decline on down move)
- Reversal Action and spike in volume at trendline support repeatedly
- Price Action and slope of the buying wave and selling wave comparison
- A Pennant pattern overall in a trending market

Can look for all these confluence factors in the annotated chart.

Please like the post if you find it useful as it will give me incentive and confidence to post more charts based on the powerful technique based on Wyckoff

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