CHFJPY - Perfect Wycoff

20 giu 2024

• After the Explosive move
  
• We have all the Elliments of the Wycoff Pattern
  
• Happens time after time
  
  
• Inconjunction with fundamental Strength of a Currency especially is a very reliable pattern/Syetem.
  
  
• For whatever reason CHF is flavour of the day for the last 2 - 3 weeks especially.
  
  
• Plus it is fundamentally strong compared to the Jappy
  
  
• last 4 weeks scores
• 7,8,6,6
  
  
• Looks like fundamentals are dropping a bit but still way in the green 10 being the top score.
  
  
• The Volume Profile to the left is a screenshot of the 5 minute time frame and clearly shows a lack of orders in the top section of the Explosive Bearish Candle after the SNB Interest Rate decision which dropped from 1.5% to 1.25%
  
  
• This is the safest area to get involved with often dropping or moving up very fast due to the lack of resistance of conflicting orders.
  
  
• Anyway lets see : )
  

25 giu 2024

Nota

Target hit for Wycoff Pattern
I think u have to really condense these candles on these post so they run better
when ya click the arrow.
I hate it when it runs off into no mans lands and u can longer see the target

OMG!