this can also happen but i am more biases towards 1st one to mitigate broker .have to look how volume develops for this one to play out.
Yesterday's trade missed the tp with 6 pips still managed to get +11R, again attempt for short with RR 1:22. Not much confident, but ready to take the L. Rest can learn from it. Regards
details have been given on the chart. fundamentals look sound please follow that comment your queries
Expecting breakouts and highers highs in the coming days. Reasons mentioned in the CHART.
Redistribution begins with volatility and ends with volatility. Typically a Selling Climax initiates the Redistribution process. The Redistribution process looks eerily similar to Distribution. A review of the process of Distribution could prove helpful (to study the Distribution process and schematics click here). On the ARMH case study; cover up everything to...
Wyckoff Distribution Schematic # 1 Bearish sl 1850
Havells is at wyckoff re-distribution . I'll only go short if it breaks else i am super bullish it could be shakeout and take higher to ath soon within july.
Analysis Bitcoin - BTC by wyckoff Distribution phase
BTC is about to end it's phase D, and begin its mark up rally. Expecting the price to go till 49K within the end of this month. To those who arent familiar with wyckoff cycle. Note how price reacted at the 34529 price level. When it broke the level, it came back in strongly with good volumes. Going with the basic economics, It tells how increased supply didnt...
- Let's consider the drop to 30,000 as an exception, or a way to make that the Distribution of de Wycoff fits in the triangle formed.
Analysis of supply and demand on bar charts using wyckoff Distribution