Wyckoff Up-Thrust - This is how to identify using Speed index

Classic Wyckoff Up-Thrust formation, this is how to read it using Speed Index (annotations in sync with the chart):
1. Fib Area - this is where sellers might come in
2. FU - Fast Up wave with SI 0.4F
3. Next up wave with an abnormal SI of 1.0S while the average speed at 0.5, which means price has a hard time to move up (more sellers on the up move). Following the up wave on the down move we have double Short signals WU-Wyckoff Up-Thrust and PRS-Plutus Reversal Short and this where we enter.
I hope this was helpful. Enjoy!
1. Fib Area - this is where sellers might come in
2. FU - Fast Up wave with SI 0.4F
3. Next up wave with an abnormal SI of 1.0S while the average speed at 0.5, which means price has a hard time to move up (more sellers on the up move). Following the up wave on the down move we have double Short signals WU-Wyckoff Up-Thrust and PRS-Plutus Reversal Short and this where we enter.
I hope this was helpful. Enjoy!
Contact:info@tradethevolumeswaves.com
Site: tradethevolumewaves.com
Lesson 15: youtu.be/QPG59GWr5HQ?si=joaRCJgvyo-L2ntM
Site: tradethevolumewaves.com
Lesson 15: youtu.be/QPG59GWr5HQ?si=joaRCJgvyo-L2ntM
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Contact:info@tradethevolumeswaves.com
Site: tradethevolumewaves.com
Lesson 15: youtu.be/QPG59GWr5HQ?si=joaRCJgvyo-L2ntM
Site: tradethevolumewaves.com
Lesson 15: youtu.be/QPG59GWr5HQ?si=joaRCJgvyo-L2ntM
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。