DDD - Demand Accumulation and Backup Trading Area

DDD - Demand Accumulation and Backup Trading Area

The Accumulation Distribution Process is visible in the chart. At the end of the Accumulation Process, the Markup emerged in Phase D, marking a Starter Trend Point.

Now the hesitation in the Backup Trading is not affecting the Bullish Trend Momentum, for now. Trend Pivots mark the Accumulation Points.

Details on the chart.

Thank you
Girolamo Aloe

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Nobody in Girolamo Aloe websites is a Financial Advisor and nothing herein is intended to be constructed as Financial Advice. Every content is for information and educational purposes only. Trading carries high risk. You should not invest money that you cannot afford to lose. Past performance is not an indication of future results.

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