$SOS moving into strong impulse area.
Good Afternoon all.. So I have been using Wyckoff modes phoenix ascending indicator for some time now and find it to be fairly reliable.
Seen below, there have been bullish moves whenever the green MA crosses over the blue MA. There has been sustained bullish movement when the green line rises above the white energy.. all of this analysis can be learned from the excellent videos that he posts. I am paraphrasing, but from my understanding, when the red line is above the 58 mark, green line is above the white energy and the white energy cloud is large, this can mean that a substantial move to the upside should occur.. all three have now happened on the daily chart. I am long
SOS with a substantial position and expect the end of the week to continue on this path with nextweek making a serious move upward. Not financial advise. DYOR. https://s3.tradingview.com/snapshots/u/Uv43l7ok.png
Seen below, there have been bullish moves whenever the green MA crosses over the blue MA. There has been sustained bullish movement when the green line rises above the white energy.. all of this analysis can be learned from the excellent videos that he posts. I am paraphrasing, but from my understanding, when the red line is above the 58 mark, green line is above the white energy and the white energy cloud is large, this can mean that a substantial move to the upside should occur.. all three have now happened on the daily chart. I am long
SOS with a substantial position and expect the end of the week to continue on this path with nextweek making a serious move upward. Not financial advise. DYOR. https://s3.tradingview.com/snapshots/u/Uv43l7ok.png
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