Wyckoff's
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**The Wyckoff Method**
The Wyckoff Method has two essential rules which are are paraphrased as below: 1) The market never behaves the same way. Price action will never create a move in exactly the same way that it did in the past. The market is truly unique.2) Since every price move is unique, its analytical importance comes when compared to previous price behavior.According to Wyckoff trading cycle, market prices move in 4 different stages: ● Accumulation ● Markup ● Distribution ● Mark Down
These patterns happen on every timeframe. Most effective .TF for Wyckoff in my opinion is Daily.The best indicator for Wyckoff to use is volume.
#IntroToCopytrading
#Wyckoff's
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The Wyckoff Method has two essential rules which are are paraphrased as below: 1) The market never behaves the same way. Price action will never create a move in exactly the same way that it did in the past. The market is truly unique.2) Since every price move is unique, its analytical importance comes when compared to previous price behavior.According to Wyckoff trading cycle, market prices move in 4 different stages: ● Accumulation ● Markup ● Distribution ● Mark Down
These patterns happen on every timeframe. Most effective .TF for Wyckoff in my opinion is Daily.The best indicator for Wyckoff to use is volume.
#IntroToCopytrading
#Wyckoff's
$BTC $ETH $BNB