Possible Buy Scenario GBPCHF Monthly

Name: Possible Buy Scenario GBPCHF Monthly
Uploaded: 2020-11-01T19:30:22.093798
Channel: ConsciousFXtheDayTrader
Description: According Wyckoff it appears we have Accumulation Schematic 1 forming. Equal lows where liquidity was resting have already been taken out. Which is where the Spring occurred. So now we just anticipate for the test. A pullback down before price just takes off.

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Beyond Technical Analysis wyckoff wyckoffaccumulation wyckoffmethod ict ictorderblock liquidity

beyondta wyckoff wyckoffaccumulation wyckoffmethod ict ictorderblock liquidity

According Wyckoff it appears we have Accumulation Schematic 1 forming. Equal lows where liquidity was resting have already been taken out. Which is where the Spring occurred. So now we just anticipate for the test. A pullback down before price just takes off.

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Monthly chart