Wyckoff trading method, page-2437

Quiz



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Spoiler : ***Answers***

This one was a little tricky, as there was some mixed indications.
There was already a bit of questionable trading in the background (#1), but at that stage prices were able to recover, and the trend was still up.
But when that gap up narrow spread bar on very high volume (#2), turned up, and then the next bar was down in response, it was of real concern.
Then four bars later price brokedown, and was not able to recover......

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This one should be less difficult, the weakness and confirmation was pretty clear cut, and the three breakdowns were done in textbook fashion.

cheers