Wyckoff trading method, page-879

  1. 16,642 Posts.
    lightbulb Created with Sketch. 1291
    Levels look fine Beany, everyone will have slightly different ways or expressing them at times, but they look OK to me.
    I'm not sure about the Resistance line, or how you worked it out....I struggle a bit with candles....is it the open of that spike up that failed, or something further back in the background ??
    I'll start up my software in a tick, and have a look and see if I can work it out.....

    I wouldn't be too concerned about Friday's bar just yet, It was below average volume overall.
    There was probably a little supply in it, but it was a Friday, and I always expect a little extra supply on Friday afternoon as some traders close positions for the weekend.
    Possibly a little test bar is the highest probability on Monday, before a response on Tuesday.......

    cheers
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.