bright_infinite

ETH Long To Establish Top of Range

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bright_infinite アップデート済   
BITMEX:ETHUSD   None
This analysis is based on my study of the article "Anatomy of a Trading Range" by Jim Forte (i.e. Wyckoff), which appeared in the MTA journal Fall, 1994. It's quite a revealing piece for someone who had no previous exposure to Wyckoff.

Chart pretty much explains it. I am reluctant to call 3 where I did given that is a 30 minute candle that the price action takes place in, but it fits better than the placement that seems more obvious.

**EDIT** I don't want to enter all this again, so just imagine that the bottom of the target box extends down to $138.
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I'm long again.

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