A classic Accumulation pattern of Rising-bottom #2 as mentioned by the late Dr Hank Pruden
As Demand going in by the evidence of Vol (Black arrow)
Price going up
THis is basically an increasing effort with increasing result, always an indiciation of positve demand influx (2nd Wyckoff Law)
In view of that, i am humbly initiated a position as attached
Pure Wyckoff, Anything can happen
**there is still a lot of potential upsde (3rd Wyckoff Law, Yellow Arrow)
As Demand going in by the evidence of Vol (Black arrow)
Price going up
THis is basically an increasing effort with increasing result, always an indiciation of positve demand influx (2nd Wyckoff Law)
In view of that, i am humbly initiated a position as attached
Pure Wyckoff, Anything can happen
**there is still a lot of potential upsde (3rd Wyckoff Law, Yellow Arrow)
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.