Wyckoff Method - Distribution Phase
Hi everyone,
This is early to tell but based from MATIC's price movement against USD, we may be following the Distribution Phase of Wyckoff Method.
Initially, we may have already reached the Buying Climax (BC), with this it had an Automatic Reaction (AR) then went up to do a Secondary Test (ST) of the Buying Climax (BC).
What's next? We're looking for sign of weakness (SOW) that should be lower than the Automatic Reaction (AR).
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This is early to tell but based from MATIC's price movement against USD, we may be following the Distribution Phase of Wyckoff Method.
Initially, we may have already reached the Buying Climax (BC), with this it had an Automatic Reaction (AR) then went up to do a Secondary Test (ST) of the Buying Climax (BC).
What's next? We're looking for sign of weakness (SOW) that should be lower than the Automatic Reaction (AR).
Like and follow for more updates
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.
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.