New Monthly Distribution Schematic; 77.7K to 131K to 0
As you can see, the Wyckoff schematic below shows a strong possibility that the 2021 bullrun was simply our Preliminary Supply area.
There is no way of knowing what the exact numbers are, but there is a strong possibility we top way before 150K, and a fair way above 123.6K, which is where the majority of shorts would be placed.
Currently we have a 5 wave structure. This is too easy. As the schematic shows, a Buying Climax liquidates Elliot Wave Bears.
130+ would create some euphoria, and lots buying the dip all the way down.
There is no way of knowing what the exact numbers are, but there is a strong possibility we top way before 150K, and a fair way above 123.6K, which is where the majority of shorts would be placed.
Currently we have a 5 wave structure. This is too easy. As the schematic shows, a Buying Climax liquidates Elliot Wave Bears.
130+ would create some euphoria, and lots buying the dip all the way down.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.