Wyckoff Method - Distribution Phase
Hi everyone,
This is early to tell but based from MATIC's price movement against USD, we may be following the Distribution Phase of Wyckoff Method.
Initially, we may have already reached the Buying Climax (BC), with this it had an Automatic Reaction (AR) then went up to do a Secondary Test (ST) of the Buying Climax (BC).
What's next? We're looking for sign of weakness (SOW) that should be lower than the Automatic Reaction (AR).
Like and follow for more updates
This is early to tell but based from MATIC's price movement against USD, we may be following the Distribution Phase of Wyckoff Method.
Initially, we may have already reached the Buying Climax (BC), with this it had an Automatic Reaction (AR) then went up to do a Secondary Test (ST) of the Buying Climax (BC).
What's next? We're looking for sign of weakness (SOW) that should be lower than the Automatic Reaction (AR).
Like and follow for more updates
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.