Wyckoff trading method, page-1080

  1. 16,642 Posts.
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    Not exactly what I was looking for, but a really nice setup on MQG

    Some sort  of climactic low and an automatic reaction (because all the supply had been bought at that level), then a washout of the lows, a series of higher lows as price whipsaws up and down to accumulate and absorb supply, then a shakeout at the end of  the accumulation zone, followed by a breakout and then a successful test of the breakout from above, then price accelerates away strongly.

    MQG 211016.png

    cheers
    Last edited by Jako8557: 21/10/16
 
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