Expecting another test in phase D
wyckoff VSA
-Point A; selling climax at AR after BC.
-Point B; inverse down thrust as secondary test.
-Point C; buying climax in phase B.
-Point D; inverse down thrust with shakeout in phase C.
-Point E; inverse up thrust at creek .
price currently been testing resistance with disagreement between spread and volume which signifies that there is still supply left, this might causing price to fall near future.
Lets watch 0.785-.800 for potential LPS.
wyckoff VSA
-Point A; selling climax at AR after BC.
-Point B; inverse down thrust as secondary test.
-Point C; buying climax in phase B.
-Point D; inverse down thrust with shakeout in phase C.
-Point E; inverse up thrust at creek .
price currently been testing resistance with disagreement between spread and volume which signifies that there is still supply left, this might causing price to fall near future.
Lets watch 0.785-.800 for potential LPS.
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