Local breakout after bullish behavior suggest further advance
Wyckoff Story
Upsloping price structure of HHs and HLs and decreasing supply signature from Phase A to D suggest accumulation.
Breakout in Phase D out of the local Last Point of Support (LPS) suggests a possible breakout above $210 and a Major Sign of Strength to come.
Relative strength is improving.
Trading Target:
$148 count line + (21 boxes * 3 reversal * $2 box size) =$274
Pattern Confirmation: Breakout above $210
Pattern Failure: Close below $165
Happy Trading,
Roman
Wyckoff Story
Upsloping price structure of HHs and HLs and decreasing supply signature from Phase A to D suggest accumulation.
Breakout in Phase D out of the local Last Point of Support (LPS) suggests a possible breakout above $210 and a Major Sign of Strength to come.
Relative strength is improving.
Trading Target:
$148 count line + (21 boxes * 3 reversal * $2 box size) =$274
Pattern Confirmation: Breakout above $210
Pattern Failure: Close below $165
Happy Trading,
Roman
Wyckoff Method Trading and Education
wyckoffanalytics.com/
Stocks, Commodities, Indexes,
Cryptocurrencies
wyckoffanalytics.com/
Stocks, Commodities, Indexes,
Cryptocurrencies
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Wyckoff Method Trading and Education
wyckoffanalytics.com/
Stocks, Commodities, Indexes,
Cryptocurrencies
wyckoffanalytics.com/
Stocks, Commodities, Indexes,
Cryptocurrencies
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.