Key highlights:
⚡️ Consolidating in the weekly demand zone for the last 3 months.
⚡️ Wyckoff accumulation schematic on the daily time frame.
⚡️ The market structure started shifting after the establishment of the low on 15 July. Hence, it is an important low.
⚡️ The logical short-term target is near the 490 zone. If the price manages to push above the range high, expect 490-500 in the coming weeks.
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (johntradingwick)
Community Manager (India), TradingView
⚡️ Consolidating in the weekly demand zone for the last 3 months.
⚡️ Wyckoff accumulation schematic on the daily time frame.
⚡️ The market structure started shifting after the establishment of the low on 15 July. Hence, it is an important low.
⚡️ The logical short-term target is near the 490 zone. If the price manages to push above the range high, expect 490-500 in the coming weeks.
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (johntradingwick)
Community Manager (India), TradingView
I build communities where traders feel understood and supported. 🔥
Trading is lonely, but it doesn’t have to be.
Want to grow with people who get it?
📈 Join my FREE Telegram → t.me/johntradingwick
🤝 Connect on Twitter → x.com/tradingwick_
Trading is lonely, but it doesn’t have to be.
Want to grow with people who get it?
📈 Join my FREE Telegram → t.me/johntradingwick
🤝 Connect on Twitter → x.com/tradingwick_
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
I build communities where traders feel understood and supported. 🔥
Trading is lonely, but it doesn’t have to be.
Want to grow with people who get it?
📈 Join my FREE Telegram → t.me/johntradingwick
🤝 Connect on Twitter → x.com/tradingwick_
Trading is lonely, but it doesn’t have to be.
Want to grow with people who get it?
📈 Join my FREE Telegram → t.me/johntradingwick
🤝 Connect on Twitter → x.com/tradingwick_
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.