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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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.