GBPCHF Bull Power (wyckoffian accumulation)
Here we have Smart Money concept in play. first we had the distribution phase on the top prior to the markdown (sell-off).
After the selloff the price had been taking liquidity on the demand zone (bottom side).
the market shows a wyckoff accumulation (you can google Wyckoff schematic if not familiar with it), and based on that, the real smart MONEY MOVE is about to play out.
PS: based on the price action, we may have a 400+ pips move
Note: this is not an advise to go ahead and buy this pair. Trade at your own risk
After the selloff the price had been taking liquidity on the demand zone (bottom side).
the market shows a wyckoff accumulation (you can google Wyckoff schematic if not familiar with it), and based on that, the real smart MONEY MOVE is about to play out.
PS: based on the price action, we may have a 400+ pips move
Note: this is not an advise to go ahead and buy this pair. Trade at your own risk
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.
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.