Wyckoff trading method, page-379

  1. 8,601 Posts.
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    Will make it quick here guys as busy day ahead.

    1. We can see in the daily that it reacted well to the gap filling however it was short lived.

    2. Potential heads and shoulder developing on the weekly (is this vsa? )

    3. Still plenty of overhead supply which is drawn out every time it tries to rally.

    So based on this I see a new trading range between the next support level at 1.30 and new resistance at 1.55

    Thanks jako
    Last edited by TheGladiator: 17/02/16
 
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