Disclaimer
Information is for educational purposes only and is not intended to give specific trading advice. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading.
Hello Traders I want to share with you my labeling of ETHUSD. This range seems a textbook range as all the elements are pretty clear and I think that this is ready to begin the Phase E according to Wyckoff Method which means that We are to see a break to the upside soon.
Thank you please comment and if you think that my labeling is incorrect please tell me as I am a newbie and my aim to publish this is to confirm if what I am seeing is correct
Note: What is most interesting the spring is not a regular spring, in fact it is a technical spring, because there is a clear attemp to break support but it fails and then the market recover swiftly and powerfully. It is more bullish
Disclaimer
Information is for educational purposes only and is not intended to give specific trading advice. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading.