It looks like the price has been comfortably hovering in the resistance pocked of $710 and $780 with no signs of slowing down.
I believe we're in Phase D of the Wyckoff Accumulation Schematic #2, getting ready to break out of the trading range.
I believe we're in Phase D of the Wyckoff Accumulation Schematic #2, getting ready to break out of the trading range.
註釋
As expected - a nice bounce after yesterday's weak selloff.We're almost at the point of SOS in Phase D and breaking above the resistance level set by the AR at $717 and the HH at $780. Once we reach this phase and see the dip down I'll add to my position in preparation for a strong markup.
註釋
Price broke out of the channel as expected. So what's next? We chop for a bit before we head to the final Phase E and the long-awaited markup.註釋
Nothing to update, my zigzag drawing matches perfectly the pump.
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