For some while now, we've seen ZSL making it way down, but for the past 460 days, institutions have been accumulating their orders and looking to take the asset up.
Confluences:
- We see a steady decrease in volume immediately after price reached selling climax
- Also after so many days of accumulating, institutions gave us a nice shakeout/spring which also produced huge volume, before the rally that produced our SOS(sign of strength)
In this setup, we have volume aligning with our accumulation schematic, which makes it a good justification to enter long into the asset.
Furthermore, according to Richard Wyckoff; the number of hours/days/weeks it took for an asset to accumulate will most times determine it's explosive moves.
I hope this helps someone.
Confluences:
- We see a steady decrease in volume immediately after price reached selling climax
- Also after so many days of accumulating, institutions gave us a nice shakeout/spring which also produced huge volume, before the rally that produced our SOS(sign of strength)
In this setup, we have volume aligning with our accumulation schematic, which makes it a good justification to enter long into the asset.
Furthermore, according to Richard Wyckoff; the number of hours/days/weeks it took for an asset to accumulate will most times determine it's explosive moves.
I hope this helps someone.
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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。