In a nutshell, if there is not too much supply drawn out as price tests around the 13/14cps level, it may bounce back off it at some stage (fairly soon).
However, if too much supply continues to be drawn out, price will likely dip even lower in an attempt to shake it out.
cheers
- Forums
- General
- Wyckoff trading method
Wyckoff trading method, page-1638
-
- There are more pages in this discussion • 821 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)